Blackstone acquires majority stake in Emerson Climate Technologies for $14B

Blackstone acquired a majority stake in Emerson Climate Technologies, creating standalone firm Copeland.

“Blackstone Inc., a global investment firm, has acquired a majority stake in Emerson Climate Technologies, a division of Emerson Electric Co., for $14 billion.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.