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home / news releases / EMR - Emerson Electric completes $3B divestiture of InSinkErator business

EMR - Emerson Electric completes $3B divestiture of InSinkErator business

Emerson Electric Company
  • Emerson Electric ( NYSE: EMR ) has completed the sale of its InSinkErator business to Whirlpool ( NYSE: WHR ) for $3B.
  • Founded in 1938 and acquired by Emerson ( EMR ) in 1968, InSinkErator manufactures food waste disposers and instant hot water dispensers for home and commercial use.
  • On Monday, Emerson Electric ( EMR ) agreed to sell a majority interest in its climate technologies business to private-equity giant Blackstone ( BX ). The industrial automation company also reported better-than-expected fourth quarter results .

For further details see:

Emerson Electric completes $3B divestiture of InSinkErator business
Stock Information
Company Name: Emerson Electric Company
Stock Symbol: EMR
Market: NYSE
Website: emerson.com
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