Emerson said on Thursday it had agreed to sell its remaining stake in its Copeland joint venture to Blackstone in a $3.5 billion deal, as the U.S. industrial firm further streamlines its business ...

Emerson made heating, ventilation and air-conditioning parts at its Sidney operation and had just under 2,000 employees there in the years before the COVID-19 pandemic. The standalone Copeland ...

LOUIS and NEW YORK, June 6, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) announced today that it has entered into a definitive agreement to sell its remaining interests in the Copeland joint venture ...

Blackstone has agreed to acquire Emerson’s remaining 40 percent stake in the Copeland joint venture for about $3.5 billion. As a result of this deal, Blackstone will assume full ownership of ...

Ross Shuster, CEO at Ferguson-based Copeland, is photographed on Wednesday June 7, 2023, at the company’s offices in Ferguson. Shuster took on the role of CEO at the company once known as ...

As of September, Emerson and its subsidiaries had around 85,500 employees. Copeland employs about 18,000 people, with manufacturing sites in Asia, Europe and North America.

ST. LOUIS — Emerson has agreed to sell its remaining interest in the Copeland joint venture (formerly Emerson Climate Technologies) for approximately $3.5 billion, with pre-tax cash proceeds of $3.4 ...

SIDNEY, Ohio — Emerson announced it has achieved 200 million Copeland compressor installations worldwide, a milestone that comes as the company concludes its 100th-anniversary celebration of the ...