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According to Bloomberg News, Johnson Controls, USA, will acquire 49% of Karat Guc Sistemleri Sanayi & Ticaret AS, a Turkish automotive battery distributor, through its two subsidiaries.
The two subsidiaries mentioned above are CRH Otomotiv Sanayi & Ticaret and Johnson Controls Hybrid & Recycling.
Karat’s battery brands include Varta and Energizer.