Deal expands Emerson’s reach in the fluid control and pneumatic devices space
Emerson (NYSE: EMR) announced it 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 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.
With central offices in Laatzen, Germany, Aventics has approximately 2,100 employees globally with five manufacturing locations.
AVENTICS, Peter Saffe
Tel:+49 511 2136 137
Emerson, Tim Reeves
Tel:+1 314 553-2197