Johnson Controls to acquire Synchrony from Siemens

November 6, 2019

Johnson Controls announced today that it will acquire Synchrony, a global leader in the development of Active Magnetic Bearing (AMB) technology. Based in Roanoke, Virginia, Synchrony is part of Siemens Gas and Power.

The acquisition, which closed Nov. 1, will enable Johnson Controls to improve the performance of its centrifugal chiller products, which rely on magnetic bearings to boost energy efficiency, improve reliability and reduce maintenance costs, among other benefits.

“This acquisition will allow us to access untapped benefits in performance and efficiency that will competitively position our chiller products for years to come,” said Ian Casper, vice president, product engineering, global chiller products, Johnson Controls.

Casper added that magnetic bearing chillers are the fastest-growing chiller product family for Johnson Controls and that the HVACR industry is rapidly adopting AMB technology.

“Owning this technology will enable deeper integration of chiller system development, which will further enhance customer value,” he said.

“Synchrony, Inc.’s advanced magnetic bearing technology has enabled Siemens’ oil and gas business to deliver world-class products and solutions to our customers,” said Rainer Theisen, head of Global Solutions at Siemens Oil & Gas. “Johnson Controls’ acquisition will enable Synchrony’s technology to access new markets, while still playing a role in our manufacturing supply chain for our global energy business. We thank all Synchrony employees for their dedication and look forward to continuing our strong relationship with the team as a part of Johnson Controls in the future.”

As part of the acquisition, Johnson Controls will obtain all of Synchrony’s products and intellectual property. In addition to magnetic bearings, those products include motors and drives, generators and advanced AMB monitoring software.

In 2016, Johnson Controls and Synchrony partnered to develop the YORK® YZ magnetic bearing centrifugal chiller. Launched in early 2018, the YZ is the first chiller fully optimized for ultimate performance, with a next generation low-global warming potential refrigerant, R-1233zd(E). Since its launch, the YZ chiller has won several industry awards, including the 2019 AHR Innovation Award in the cooling category.

Terms of the acquisition were not disclosed.

For more information about the Johnson Controls family of chiller products, go to https://www.johnsoncontrols.com/hvac-equipment#Chillers.

See the latest posts on our homepage


Share

Topic Area: Press Release


Recent Posts
Recent Posts

Cancer cluster may be linked to medical equipment sterilization facility


The facility uses cancer-causing ethylene oxide in the sterilization process

11/20/2019

Seattle Children’s hospital faces lawsuit over mold issues


Lawsuit claims that the teen contracted meningitis in March 2018 from the Aspergillus mold

11/20/2019

CDC: Candida auris cases at 836


New York has the most cases with 388

11/20/2019

Focus: Fire-Life Safety / Column

Regulations, Codes & Standards Q&A: Stairwell storage


Brad Keyes discusses regulations for stairwell storage

11/20/2019

Maintenance insights to keep plumbing systems flowing


New-generation drain cleaning products offer efficiency and safety

11/20/2019





Post Comment




FREE
NEWSLETTER

News & Updates • Webcast Alerts • Building Technologies

All fields are required.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.