Copeland to acquire SPH Sustainable Process Heat.

Copeland, a company specializing in sustainable climate solutions, agreed to acquire SPH Sustainable Process Heat, a Germany-based industrial heat pump technology company. Financial terms were mot disclosed. “The addition of SPH’s team and its differentiated technologies will enable us to serve a broader range of customers and applications. This broader portfolio positions Copeland well to expand our rapidly growing industrial business by helping address the world’s increasing demand for sustainable heating solutions,” Ross B. Shuster, Copeland CEO.