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Rebrand to Copeland from Emerson Climate Technologies reflects 100-year legacy of leadership in HVAC and refrigeration technology.
June 5, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Blackstone and Emerson announced that private equity funds managed by Blackstone have completed the previously announced acquisition of a majority stake in Emerson’s Climate Technologies business in a transaction valuing the business at $14 billion. This closing marks a significant milestone in the HVAC and refrigeration (HVACR) industry leader’s journey to advance the next generation of climate technologies. The new standalone business will be named Copeland – building on the brand’s 100-...
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