GLENDALE, WI (WTAQ) - Wisconsin's largest company has acquired 90 percent of a battery supplier in South America.
Johnson Controls of Glendale said Friday it bought a majority share of MAC, which was started two years ago as a joint venture with Johnson.
The purchase price and other terms were not disclosed.
The partnership focused on the sales of lead-acid batteries, for which Johnson Controls is the worldwide market leader.
The firm says the new acquisition will allow the business to keep growing in Central and South America.