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Emerson Completes Sale of Remaining Interest in Copeland to Blackstone

Completed the sale of its remaining interest in the Copeland joint venture, the 40% common equity ownership stake.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Emerson announced that it has completed the sale of its remaining interest in the Copeland joint venture, the 40% common equity ownership stake, to private equity funds managed by Blackstone.

As a standalone company focused on serving the global HVAC and refrigeration market, Copeland’s product portfolio includes market-leading compressors, controls, thermostats, valves, software and monitoring solutions for residential, commercial and industrial customers.

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