Emerson Acquires Cooper-Atkins

Emerson Acquires Locus Traxx and PakSense to Expand Cold-Chain Monitoring

August 30, 2016

Transportation

Emerson acquired Locus Traxx (Jupiter, Florida) and PakSense (Boise, Idaho) to expand its cargo- and cold-chain monitoring capabilities for fresh food and temperature-sensitive shipments. The deals add real-time temperature loggers and cloud-based analytics to Emerson's portfolio, strengthening its offering to growers, shippers, retailers and other cold-chain participants.

Emerson Acquires 7AC Technologies, Inc.

November 23, 2020

HVAC & Mechanical

Emerson has completed the acquisition of 7AC Technologies, a Beverly, Massachusetts-based startup that develops liquid desiccant air-conditioning technology. The deal expands Emerson's commercial and residential HVAC capabilities by adding 7AC's energy-efficient humidity and air-management solutions.

Eaton Acquires Exertherm

May 21, 2024

Industrial Services

Eaton has completed the acquisition of Exertherm, a U.K.-based provider of continuous thermal monitoring solutions for electrical equipment. Eaton plans to integrate Exertherm's thermal monitoring technology into its Brightlayer software suite to expand capabilities for data centers, utilities and industrial customers and improve safety and reliability of critical electrical infrastructure.

Emerson Acquires Mita-Teknik

December 16, 2021

Energy

Emerson (NYSE: EMR) has acquired Mita-Teknik in an all-cash transaction. The purchase brings Mita-Teknik's wind-turbine control systems and aftermarket retrofit solutions into Emerson's Automation Solutions portfolio, expanding the company's renewable power generation automation capabilities and supporting customers' digital transformation and sustainability goals.

Blackstone Acquires Majority Stake in Emerson Climate Technologies (Rebranded Copeland)

October 31, 2022

Manufacturing

Private equity funds managed by Blackstone acquired a majority stake in Emerson's Climate Technologies business (rebranded as Copeland) in a transaction valuing the business at $14.0 billion. Emerson received approximately $9.7 billion in upfront cash, a $2.25 billion seller note and retained a minority equity stake while Blackstone (with co-investors ADIA and GIC) will support Copeland's growth as a standalone HVACR leader; Copeland reported fiscal 2022 sales of $5.0 billion and employs over 18,000 people.

Blackstone-led Consortium Acquires Emerson's Remaining Interest in Copeland

June 6, 2024

Manufacturing

Private equity funds managed by Blackstone, with investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and GIC, will acquire Emerson's remaining 40% interest in the Copeland joint venture (formerly Emerson Climate Technologies) for approximately $3.5 billion. The deal — in which Copeland will repurchase the seller's note — furthers Emerson's portfolio simplification and is expected to close in the second half of 2024, subject to regulatory approvals.