St. Louis (USA) / Laatzen (Germany) – 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 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. Click here to view the original acquisition announcement and accompanying presentation or go to emerson.com/en-us/investors.
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.
Forward-Looking and Cautionary Statements
Statements in this press release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, protection of intellectual property, and competitive and technological factors, among others, as set forth in Emerson’s most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.
Aventics is one of the world’s leading manufacturers of pneumatic components and systems. The pneumatic engineering company provides products and services for industrial automation, as well as the food, packaging, medical, and energy technology industries. The company also develops solutions for the commercial vehicles, marine, and railway technology sectors. By integrating electronics, the use of state-of-the-art materials, and focusing on machine safety and the Internet of Things (I4.0), Aventics is a pioneer in applied and environmentally-friendly solutions. Aventics is preparing for the future by expanding its approach to digitalization. With around 150 years of expertise in pneumatics, Aventics employs over 2,100 associates worldwide. From production sites in Germany, France, Hungary, the USA, and China, Aventics markets its products in over 100 countries through direct sales and sales partners. The Aventics Group has received multiple certifications, including ISO 9001 and ISO/TS 16949 for quality, ISO 50001 for energy management, and ISO 14001 for environmental management. Further information is available at www.aventics.com.