Emerson (NYSE: EMR), St. Louis, MO, has agreed to acquire Cooper-Atkins, a manufacturer of temperature management and environmental measurement devices and wireless monitoring solutions for foodservice, healthcare and industrial markets. Terms of the transaction were not disclosed.
Cooper-Atkins will serve as a complement to Emerson’s global cold chain business.
“Temperature management in food retail and restaurants is a dynamic market due to increasing regulatory requirements, rising labor costs and the proliferation of locations where fresh foods are prepared and served,” said Robert T. Sharp, executive president, Emerson Commercial & Residential Solutions. “This acquisition further strengthens our ability to meet the evolving needs of our cold chain customers – from grower to retailer – to help provide consistent and safe control of food and other temperature-sensitive goods.”