Emerson Completes AVENTICS Acquisition
Deal expands Emersonís reach in the fluid control and pneumatic devices space
ST. LOUIS, July 17, 2018 - Emerson (NYSE: EMR) today 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 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.