hvacrollups.com
← All signals
Deal closed Sep 2006 · India

Emerson Climate Technologies acquires full ownership of Kirloskar Copeland (KCL)

Emerson Climate Technologies purchased Kirloskar Brothers Limited's 51 percent stake in the Kirloskar Copeland (KCL) compressor manufacturing joint venture in India, becoming sole owner.

“Emerson's purchase of KBL's 51 percent stake in the KCL venture makes Emerson the manufacturer's sole owner. According to the company, this acquisition strengthens Emerson's position in the Asian HVACR marketplace and adds manufacturing and engineering resources in the high-growth Indian market.”

Entities

Emerson · Parent Emerson Climate Technologies · Acquirer Kirloskar Brothers Limited · Mentioned Kirloskar Copeland Limited · Target
HVACRefrigeration

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.