Emerson Completes Aventics Acquisition
Deal expands Emerson’s reach in the fluid control and pneumatic devices space
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. The
acquisition 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 plans to address the financial impact of this acquisition within its third
quarter earnings release and conference call scheduled for August 7, 2018.
About Emerson
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, competitive
and technological factors, and the impact of the Tax Cuts and Jobs Act, among others, as set forth in the Company's most recent
Annual Report on Form 10-K and subsequent reports filed with the SEC.
Emerson
Investor Contact:
Tim Reeves, 314-553-2197
or
Media Contact:
Dave Baldridge, 314-982-7782
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