Emerson (NYSE: EMR) has acquired the Marine Container and Boiler business of Johnson Controls Inc (NYSE: JCI), enabling Emerson Climate Technologies to expand its refrigeration technology and systems in the global transportation sector. Terms of the acquisition were not disclosed.
Johnson Controls’ Denmark-based Marine Container and Boiler business supplies controls for optimal operation of refrigerated sea containers and marine boilers, along with systems that monitor and report on refrigeration conditions within large groups of marine shipping containers on land or at sea to ensure product quality and food safety. The hardware and software systems monitor container conditions and notify shipping companies and terminals of deviations outside of optimal ranges so they can take appropriate actions. Johnson Controls’ systems are installed on more than 650,000 containers and 2,200 ships, which connect to a central monitoring server.
The new Emerson offerings will be known as Transportation Solutions within the Retail Solutions business of Emerson Climate Technologies.
“The addition of marine container monitoring and control allows us to provide shipping companies and terminals with enhanced capabilities in asset management, system optimization, and predictive diagnostics throughout the full range of the transportation supply chain,” said Mark Dunson, president, Retail Solutions, Emerson Climate Technologies.
The Marine Container and Boiler business was part of the Johnson Controls Marine & Navy organization. The remaining businesses within the Marine & Navy organization are not part of this transaction and will continue to operate under Johnson Controls.