Emerson, a St. Louis-based energy solutions and advanced manufacturing company, announced it has acquired German pneumatics company Aventics for $620 million. The acquisition will expand Emerson’s fluid automation technologies for process and industrial applications.
“We will now offer the industry’s widest range of fluid automation products and solutions with unmatched delivery, reliability and performance, and now with the addition of Aventics’ expertise, Emerson is positioned to be the most capable global company when it comes to fluid automation technologies,” said Emerson Chairman and CEO David Farr.
The purchase of Aventics will build upon and strengthen Emerson’s capabilities and solutions in key markets, including food and beverage, packaging, automotive assembly and medical equipment. Aventics technologies complement Emerson’s extensive innovation and leadership in improving operations through digitalization, pervasive sensing and asset health monitoring.
“Aventics brings technologies, capabilities and expertise that are critical to digitalization of manufacturing, including predictive maintenance through integrated diagnostics, an important priority for our Automation Solutions business,” said Mike Train, Executive President, Emerson Automation Solutions.
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