Majority stake Announced Aug 2024 Closed Aug 2024
Copeland majority stake
Parties
Parties
Market signals
Market signals
EBITDA multiple12.7× reported
Stake 40%
Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Blackstone acquired a majority stake in Copeland (formerly Emerson Climate Technologies) from Emerson. Emerson received $9.7 billion in upfront cash and retains a 40% non-controlling equity stake.