Emerson completes Aventics acquisition
July 20, 2018 by Manufacturing AUTOMATION
Jul. 20, 2018 – Emerson has completed the purchase of Aventics, a global provider of smart pneumatics technologies that power machine and factory automation applications. The acquisition is said to significantly expand the company’s reach in the growing $13 billion fluid automation market and solidify Emerson’s automation technology presence in Europe.
Aventics will complement Emerson’s capabilities and solutions in key discrete and hybrid automation markets, and according to Emerson, will create 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.