Freeflex Versa will aid in the designing of smaller, more sustainable, and more energy-efficient compressors for refrigerators and freezers, a press release from Alleima said.
CEO Ross Shuster called Copeland “the newest 100-year-old company in the HVAC industry.” After 37 years as part of Emerson, Copeland became a stand-alone company last year after Emerson reached a deal with an investment firm.
One of the major challenges in the heat pump sector is the gap between heating and cooling loads: in other words, winters are colder than summers are hot, and technology needs to handle the difference.
The change comes as the industry anticipates accelerated adoption of CO2 refrigeration technology being driven by food retail businesses pledging sustainability targets and needing to comply with environmental regulations.
Blackstone’s multi-billion dollar deal with Emerson aims to build on Copeland’s 100-year legacy, global recognition, and influence across the HVACR industry
Ross B. Shuster, CEO, Copeland, discusses Blackstone’s investment into the company, how the transaction will impact the company’s HVAC offerings, and more.
HVACR systems consume a significant amount of energy, which leads to increased carbon emissions. Manufacturers have found that the variable-speed compressor may be the solution to this problem.