Johnson Controls acquires Lux Products Corporation to expand retail channel, thermostat offering
Johnson Controls has acquired the assets of Lux Products Corporation, a manufacturer of residential thermostats and smart home products.
The purchase aims to strengthen Johnson Controls’ portfolio in the consumer retail channel and thermostat offering, according to the company. This announcement comes shortly after the launch of GLAS, a smart thermostat by Johnson Controls.
“We look forward to joining forces with Johnson Controls,” said Rob Munin, CEO of LUX and newly named general manager, thermostats for Johnson Controls. “Together, we will enhance a strong position in the residential channel and look forward to expanding our offerings to serve a wide range of customers.” www.johnsoncontrols.com www.luxproducts.com
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May 11, 2022