Emerson Completes Chloride Purchase

Emerson today announced it completed its acquisition of Chloride Group PLC, which now joins strong global product brands within 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.

Rapid growth in data traffic and a critical business need for high availability is driving the need for power continuity solutions, and Emerson is positioning itself in a significant way to support fast-growing communications and computing infrastructure markets. 

Emerson will host a brief presentation to discuss this transaction and other acquisition and divestiture activity at 1:30 p.m. Central Time (2:30 p.m. Eastern Time) on Thursday, Sept. 9. A live webcast of the presentation will be available in the Investor Relations area of Emerson’s Web site at www.Emerson.com/financial at the time of the event, and an archive replay will be available for approximately one week.     

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