Emerson to acquire Aventics

26 July, 2018

Aventics builds upon and strengthens Emerson’s capabilities and solutions in key discrete and hybrid automation markets, including food and beverage, packaging, automotive assembly and medical equipment.

Broad portfolio

Emerson’s expanded offering 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 optimise energy usage. These technologies complement Emerson’s developments in improving operations through digitalisation, pervasive sensing and asset health monitoring.

Emerson’s chairman and chief executive officer, David N. Farr, commented: “We will now offer the industry's widest range of fluid automation products and solutions with unmatched delivery, reliability and performance, and now with the addition of Aventics’ expertise, Emerson is positioned to be the most capable global company when it comes to fluid automation technologies. This acquisition adds another strong, complementary technology portfolio into the Emerson family, creating value for our customers and more opportunities for growth.”

With central offices in Laatzen, Germany, Aventics has approximately 2100 employees globally with five manufacturing locations and 2017 sales of $425 million. Mike Train, executive president, Emerson Automation Solutions, said: “Aventics brings technologies, capabilities and expertise that are critical to digitalisation of manufacturing, including predictive maintenance through integrated diagnostics, an important priority for our Automation Solutions business.

Customer focus

“With Aventics, we will gain a valuable footprint in Germany, a key market for automation technology and investment. Aventics also brings opportunities for Emerson to better serve customers in hybrid markets like food & beverage, providing intelligent devices and solutions from processing through packaging.”

The acquisition is expected to close in the fourth quarter of fiscal 2018 subject to regulatory approvals, Aventics’ finalisation of necessary consultations and other customary closing conditions. Greenhill & Co., LLC served as financial advisor to Emerson and Freshfields Bruckhaus Deringer LLP served as legal advisor.