Acquisition will strengthen Emerson’s capabilities and offerings in the industrial refrigeration markets
ST. LOUIS, June 2, 2009 – Emerson Climate Technologies, a business of Emerson (NYSE: EMR), has acquired Vilter Manufacturing, LLC, a privately held compressor manufacturer based in Cudahy, Wisconsin. Vilter compressors are used in a wide range of industrial refrigeration systems. Financial terms of the deal were not disclosed.
Vilter will become a part of Emerson Climate Technologies’ Refrigeration Division which provides commercial refrigeration products and solutions. Vilter produces a complete line of compressors for industrial refrigeration and gas compression applications including reciprocating and single screw compressors. Their products are sold globally through 72 U.S. and 31 international distribution locations.
“Vilter has a well respected brand that will enhance our presence in the food processing and cold storage segments of the refrigeration market,” said Ed Purvis, Executive Vice President and business leader of Emerson Climate Technologies. “This acquisition will allow us to expand our existing industry-best product offering and strengthen our position in the refrigeration industry.”
“Vilter is a technology leader in energy-efficient, environmentally-conscious solutions in its served markets. We see great growth opportunities for both organizations as Vilter joins the Emerson team,” said Ram Krishnan, President, Refrigeration Division of Emerson Climate Technologies.
Emerson (NYSE:EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2008 were $24.8 billion and Emerson is ranked 94th on the Fortune 500 list of America’s largest companies. For more information, visit www.Emerson.com.
About Emerson Climate Technologies
Emerson Climate Technologies, a business of Emerson, is the world’s leading provider of heating, ventilation, air conditioning and refrigeration solutions for residential, industrial and commercial applications. The group combines best-in-class technology with proven engineering, design, distribution, educational and monitoring services to provide customized, integrated climate-control solutions for customers worldwide. Emerson Climate Technologies’ innovative solutions, which include industry-leading brands such as Copeland Scroll and White-Rodgers, improve human comfort, safeguard food and protect the environment. For more information, visit EmersonClimate.com.