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JCI expands in South America

Wed, 11/13/2013 - 17:14 -- Ruth Williams

Johnson Controls has acquired a 90% share of Colombian battery supplier MAC. JCI has been working with MAC since 2011 when they began a joint venture to produce and sell lead-acid batteries for the Central and South American markets.

Details of the financial terms have not been disclosed but will further strengthen JCI’s position in the continent. 

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