Bosch Financial Results and Growth: 2025 Review and 2026 Outlook
27 August 2025
The year 2025 marked a milestone in the history of Bosch. During this period, the company finalized its largest acquisition ever, underscoring its ambition to expand its global footprint and strengthen its portfolio in climate and energy technologies.
In the summer of 2025, Bosch successfully completed the acquisition of the Heating and Cooling (HVAC) division of Johnson Controls, including its stake in the joint venture Johnson Controls-Hitachi. The scale of the deal was unprecedented for Bosch, making it the biggest takeover in the company’s history. With this transaction, Bosch added significant manufacturing capabilities and a wide range of HVAC solutions to its operations, particularly enhancing its presence in the U.S. market.
This acquisition has significantly bolstered Bosch’s position in the global HVAC industry. The company’s portfolio now includes not only its established brands such as Bosch and Buderus but also the renowned YORK® brand in the U.S. and Hitachi in Asia. The integration of these businesses brought thousands of new employees and multiple large-scale manufacturing sites into Bosch’s global network, further anchoring its role as a leader in climate technologies.
For Bosch, this acquisition represents more than just growth in numbers. It aligns with the company’s broader strategy to expand in North America, a region that Bosch aims to account for 20% of its global revenues by 2030. The strengthened HVAC business will play a crucial role in achieving this target, driving both financial growth and innovation in sustainable, energy-efficient solutions.
The completion of the Johnson Controls HVAC acquisition in 2025 stands as a turning point for Bosch. It not only represents the largest deal in the company’s history but also a strategic leap into the future of climate technology. With this move, Bosch is better positioned than ever to meet the demands of customers worldwide and to secure long-term growth across the American and global markets.