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Olivia Barrow, Biz Journals
Tue, 09/01/2015 - 6:17pm

Johnson Controls Inc. has wrapped up the sale of one of its major business divisions. The Milwaukee-based global manufacturing company has completed the $1.5 billion sale of Global Workplace Solutions to CBRE Group (NYSE: CBG), the company announced Tuesday. The sale includes several agreements between the two companies, including a 10-year plan for Johnson Controls (NYSE: JCI) to provide HVAC equipment to the 5 billion-square-foot CBRE real estate portfolio, and for Los Angeles-based CBRE to continue…

Topics: johnson controls inc the milwaukee-based global workplace solutions cbre group nyse cbg johnson controls nyse jci hvac los angeles-based cbre the cbre company

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