Mexico. The manufacturer Copeland held a meeting with its strategic partners in the city of Cancun. The slogan under which the event has been developed is "Together for a Sustainable Future".
Spokespeople for the company pointed out that the congress "Together for a Sustainable Future" was organized to strengthen the customer-supplier relationship, focused on trust and mutual benefit to increase profitability and business growth. Other objectives pursued are to share Copeland's perspective and strategic objectives at a global and regional level, to inform about industry trends, as well as new technologies and innovations in its solutions, while reinforcing competitive and technological advantages as differentiators to better serve customers.
Activity in the region
During the event held at the Barceló Maya Arena Convention Center, Copeland informed its distributors of sales amounting to 200 million, thanks to the work of more than 160 employees located in some six countries. In addition, the company reported that it has conducted more than 90 product training sessions at its two training centers, noting that it currently works hand in hand with around 67 distributors to meet the demand of 27 end users.
Why did Emerson sell Climate Technologies?
The company took the opportunity to refer to the aforementioned sale to Blackstone, indicating that "a transaction of this magnitude occurs when both parties benefit from the new corporate structure" and specifying that Emerson's vision to strengthen its positioning was a portfolio restructuring process, a context in which the company also made investments in companies such as Symmera and First Resonance.
"This transaction is a key step in simplifying our portfolio and enhancing Emerson's focus as a global leader in automation", Lal Karsanbhai, Emerson's chairman and chief executive officer, said prior to the event. "We believe that now is the right time to execute our plans to fully exit the Copeland business", Karsanbhai was quoted as saying by the company.