Emerson Acquires Marine Container and Boiler Business From Johnson Controls

Emerson announced the acquisition of the Marine Container and Boiler business from Johnson Controls Inc. The deal expands Emerson Climate Technologies' refrigeration technology offerings in the global transportation sector. Terms were not disclosed.

“Emerson announced that it has acquired the Marine Container and Boiler business of Johnson Controls Inc., enabling Emerson Climate Technologies to expand its refrigeration technology and solutions offerings in the global transportation sector.”

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.