Acquisitions and divestments
In 1962, it acquired the United States Electrical Manufacturing Company as the U.S. Electrical Motors Division, including the brand U.S. Motors.[17] In 1968, it acquired the InSinkErator company.[18]
On December 15, 1999, Emerson Electric acquired Jordan Industries Inc.'s telecommunications equipment division for a total of $440 million, expanding it's interest into the telecommunications industry.[19]
In 2010, Emerson sold its U.S. Motors brand to Nidec Corporation, divesting from the electric motors industry.[17]
On December 1, 2016, Platinum Equity acquired Emerson’s Network Power division for more than $4 billion, rebranding the business as Vertiv.[20]
In July 2018, Emerson completed the acquisition of Textron Tools and Test Businesses for a total of $810 million, which included brands such as Greenlee, Klauke, HD Electric, and Sherman + Reilly. This acquisition further expanded Emerson’s offerings in the professional tools and test equipment market.[21]
On April 1, 2020, Emerson acquired American Governor Company, a provider of technologies used to control hydroelectric turbines.[22]
In October 2022, Emerson reached a deal to sell a controlling interest in its climate technologies business to private equity firm Blackstone Inc. for $14 billion, including debt.[23] The remaining shares were purchased by Blackstone Inc. for $3.5 billion in June 2024.
Following a nearly year-long negotiation, in April 2023, Emerson finalized an agreement to acquire National Instruments for $8.2 billion. This acquisition was designed to enhance Emerson’s automation technology capabilities, adding advanced testing and measurement technologies.[24][25]