Emerson Completes Aventics Acquisition

24 Jul 2018

On July 18, 2018 Emerson (NYSE: EMR) announced it had completed the purchase of Aventics, a global leader in smart pneumatics technologies that power machine and factory automation applications. Aventics and Asco Numatics (part of Emerson) are members of the BFPA in the UK.

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.

Follow this link to view the original acquisition announcement www.emerson.com/en-us/investors

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