05282020Thu
Last updateThu, 28 May 2020 7pm

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. 

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