Emerson completes Aventics Acquisition
Deal expands Emerson’s reach in the fluid control and pneumatic devices space.
Emerson (NYSE: EMR) announced it has completed the purchase of Aventics (18 July 2018), a global leader in smart pneumatics technologies that power machine and factory automation applications. The acquisition will significantly expand the company’s reach in the growing $13 billion fluid automation market and solidify Emerson’s automation technology presence in Europe.
Aventics is a strong complement to Emerson’s capabilities and solutions in key discrete and hybrid automation markets, and creates one of the broadest portfolios of fluid control and pneumatic devices that incorporate sensing and monitoring capabilities to improve system uptime and performance, enhance safety and optimize energy usage.
THE PROTAGONISTS
Emerson headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. Aventics is one of the world’s leading manufacturers of pneumatic components and systems. The pneumatic engineering company provides products and services for industrial automation, as well as the food, packaging, medical, and energy technology industries. The company also develops solutions for the commercial vehicles, marine, and railway technology sectors. |