Emerson and New York-based investment firm Blackstone reported May 31 that they have completed the deal that sells a majority stake in Emerson Climate Technologies to private equity funds managed by Blackstone. Blackstone is a public company. Blackstone has rebranded the group as Copeland, after the Sidney, Ohio-based maker of refrigeration equipment. As a standalone…
Blackstone And Emerson Complete Spin Off Of Climate Technologies With A Rebrand To Copeland
