Johnson Controls acquires majority share of MAC
Company strengthens commitment to Central and South American Automotive
MILWAUKEE, Nov. 8, 2013
MILWAUKEE, Nov. 8, 2013 /PRNewswire/ --Johnson Controls has strengthened its
commitment to the Central and South American automotive battery market by
acquiring 90 percent ownership of Colombian battery supplier MAC.
Johnson Controls and MAC launched a joint venture in June 2011 to produce and
sell lead-acid batteries in the Central and South American regions. The
partnership allowed both companies to better serve its customers as market
leaders in a fast-developing emerging market.
Working together, the two companies have expanded their footprint, bringing
new technology and innovation to the market and increasing their exports from
Colombia, mainly to the countries in the Andean region.
Johnson Controls sells several key brands of batteries in Latin America,
including Heliar®, VARTA®, LTH® and OPTIMA®. The company is the market leader
for automotive batteries in South America.
MAC is the most recognized brand in Colombia for automotive batteries, and has
a strong presence in the Central and South American regions and in the
Caribbean, selling to the aftermarket and to major automakers.
"We are committed to growth in this market," said Jorge Guillen, vice
president and general manager, Latin America for Johnson Controls Power
Solutions. "We will be able to leverage our Brazilian and Mexican operations
which will further allow us to capitalize on this investment and continuously
improve the products and services we provide to our customers in this region."
In addition to manufacturing batteries, recycling operations in Yumbo,
Colombia will continue to serve as a key resource in providing a stable supply
chain for operations in the region.
About Johnson Controls
Johnson Controls is a global diversified technology and industrial leader
serving customers in more than 150 countries. Our 168,000 employees create
quality products, services and solutions to optimize energy and operational
efficiencies of buildings; lead-acid automotive batteries and advanced
batteries for hybrid and electric vehicles; and interior systems for
automobiles. Our commitment to sustainability dates back to our roots in 1885,
with the invention of the first electric room thermostat. Through our growth
strategies and by increasing market share we are committed to delivering value
to shareholders and making our customers successful. In 2013, Corporate
Responsibility Magazine recognized Johnson Controls as the #14 company in its
annual "100 Best Corporate Citizens" list. For additional information, please
About Johnson Controls Power Solutions
Johnson Controls Power Solutions is the global leader in lead-acid automotive
batteries and advanced batteries for Start-Stop, hybrid and electric
vehicles.Our 50 manufacturing, recycling and distribution centers supply more
than one-third of the world's lead-acid batteries to major automakers and
aftermarket retailers. Through our innovations we are building the advanced
battery industry for hybrid and electric vehicles. We were the first company
in the world to produce lithium-ion batteries for mass-production hybrid
vehicles. Our commitment to sustainability is evidenced by our world-class
technology, manufacturing and recycling capabilities.
MAC is a Colombian company founded in 1957. Its activity is dedicated to the
production, distribution and sale of lead-acid battery types for both cars and
heavy-duty applications in the Colombian market and in over 25 other countries
in North, Central and South America, the Caribbean, the Middle East and
Its production facilities are vertically integrated, with the production of
much of its own raw materials using highly technical processes that are
environmentally friendly for the recycling of used batteries. Its production
capacity reaches 3,400,000 batteries per year. Nearly 64% of its production is
being exported to world markets.
MAC has the broadest distribution network in the Andean Region, through direct
investments in its own branches in Colombia and Peru. Today the company
creates more than 600 direct jobs and thousands of indirect employment
opportunities through its marketing and supply networks.
MAC is a Colombian multinational enterprise that is full of energy, committed
to the protection of the environment and social development, focused on its
global expansion, and seeking to be a main player in the world markets by
offering products and services with technology and environmental sensibility.
SOURCE Johnson Controls, Inc.
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