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Emerson Completes Aventics Acquisition

Source: www.gulfoilandgas.com 7/17/2018, Location: North America

Emerson (EMR) has completed the purchase of Aventics, a global leader in smart pneumatics technologies that power machine and factory automation applications. The acquisition will significantly expand the companyís reach in the growing $13 billion fluid automation market and solidify Emersonís automation technology presence in Europe.

Aventics is a strong complement to Emersonís capabilities and solutions in key discrete and hybrid automation markets. The acquisition 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.

With central offices in Laatzen, Germany, Aventics has approximately 2,100 employees globally with five manufacturing locations.

Click here to view the original acquisition announcement and accompanying presentation or go to emerson.com/en-us/investors. Emerson plans to address the financial impact of this acquisition within its third quarter earnings release and conference call scheduled for August 7, 2018.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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