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Completed the sale of its remaining interest in the Copeland joint venture, the 40% common equity ownership stake.
August 14, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Emerson announced that it has completed the sale of its remaining interest in the Copeland joint venture, the 40% common equity ownership stake, to private equity funds managed by Blackstone. As a standalone company focused on serving the global HVAC and refrigeration market, Copeland’s product portfolio includes market-leading compressors, controls, thermostats, valves, software and monitoring solutions for residential, commercial and industrial customers....
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