Emerson closes purchase of Chloride

Emerson (EMR), St. Louis, announced it has completed its acquisition of U.K.-based power protection powerhouse Chloride Group PLC, which now joins Emerson Network Power. This acquisition helps drive Emerson's long-term global growth strategy for ...
Sept. 3, 2010

Emerson (EMR), St. Louis, announced it has completed its acquisition of U.K.-based power protection powerhouse Chloride Group PLC, which now joins Emerson Network Power. This acquisition helps drive Emerson's long-term global growth strategy for uninterruptible power supply (UPS) and integrated data center solutions. As previously announced, the purchase price was approximately $1.5 billion.

Release via MarketWatch

About the Author

Doug Chandler, Senior Staff Writer

Executive Editor

Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.