Blackstone’s Copeland Files Confidentially for US IPO

Blackstone Inc.-owned Copeland has filed confidentially for an initial public offering, setting the industrial company up for a first-time share sale in 2026, which is anticipated to be a busy year.

The number of shares to be offered and the price range for the proposed offering have not yet been determined, according to a statement Thursday. Morgan Stanley and Barclays Plc are working on the IPO for the company, alongside Goldman Sachs Group Inc., and Jefferies Financial Group Inc., Bloomberg News reported last month.

Funds managed by Blackstone acquired a majority stake in Emerson Electric Co.’s ...