Former JCI Battery Unit Relaunched as Clarios
Brookfield Business Partners LP has completed its $13.2 billion purchase of Johnson Controls International Inc.’s Power Solutions battery unit and renamed it Clarios.
Brookfield Business Partners LP has completed its $13.2 billion purchase of Johnson Controls International Inc.’s Power Solutions battery unit and renamed it Clarios.
The Toronto-based investment firm will operate the business as a separate subsidiary that will continue to be headquartered in Glendale, Wisc. Joe Walicki, a 31-year JCI veteran who led Power Solutions, was named Clarios’ president.
Clarios has $8 billion in annual sales and accounted for an industry-leading one-third of all automotive batteries produced worldwide last year. The company markets lead-acid and lithium-ion batteries under the Delkor, Heliar, LTH, MAC, Optima and Varta brands.
No immediate changes are planned for Clarios’ structure or global facilities. The company currently employs 16,000 people at 56 facilities worldwide.
RELATED CONTENT
-
Jeeps Modified for Moab
On Easter morning in Moab, Utah, when the population of that exceedingly-hard-to-get-to town in one of the most beautiful settings on Earth has more than doubled, some people won’t be hunting for Easter eggs, but will be trying to get a good look at one of the vehicles six that Jeep has prepared for real-life, fast-feedback from the assembled at the annual Easter Jeep Safari.
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
Mustang Changes for 2018
On Tuesday Ford unveiled—using the social media channels of actor Dwayne Johnson (this has got to unnerve some of the auto buff book editors)—the 2018 Mustang, which has undergone some modifications: under the hood (the 3.7-liter V6 is giving way to a 2.3-liter EcoBoost four, and a 10-speed automatic is available), on the dash (a 12-inch, all-digital LCD screen is available for the dashboard), at the tires (12 wheel choices), on the chassis (MagneRide damper technology is being offered with the Mustang Performance Package), and on the exterior (three new paint colors). And while on the subject of the exterior, there are some notable changes—a lower, remodeled hood, repositioned hood vents, new upper and lower front grilles, LED front lights, revised LED taillamps, new rear bumper and fascia.