Emerson to sell majority stake in Climate Technologies (Copeland) to Blackstone, valuing the HVAC/R business at $14B

Emerson announced it is selling a majority stake in its Climate Technologies HVAC/R business (Copeland, White-Rodgers, Sensi, Vilter, Dixell) to private equity funds managed by Blackstone, in a transaction valuing the segment at US$14.0 billion.

“Emerson is selling a majority stake in its Climate Technologies business to private equity funds managed by Blackstone in a transaction valuing the HVAC/R business segment at US$14.0 billion.”

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