08152018Wed
Last updateTue, 14 Aug 2018 7pm

i

Valve Manufacturing

Emerson Agrees to Acquire Aventics

Emerson has agreed on terms to acquire Aventics from Triton for a cash purchase price of $620 million. Aventics deals in smart pneumatics technologies that power machine and factory automation applications. Aventics significantly expands Emerson’s reach in a growing $13 billion market.

With central offices in Laatzen, Germany, Aventics has approximately 2,100 employees globally with five manufacturing locations and 2017 sales of $425 million.

The acquisition is expected to close in the fourth quarter of fiscal 2018 subject to regulatory approvals, Aventics’ necessary consultations and other customary closing conditions. 

Subscribe SUM18

FREE SUBSCRIPTION*

• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products