Emerson has signed an agreement to purchase Virgo Valves and Controls, a leading manufacturer of ball valves and automation systems based in Pune, India. A privately held company, Virgo serves diverse markets worldwide, including the oil and gas, power and mining industries. In addition to ball valves, Virgo manufactures high performance butterfly valves and severe-service valves for critical applications. Virgo will operate within Emerson Process Management’s final controls business, serving customers in the energy and process related industries.
“Virgo’s leadership in the engineered, on-off valve market is a great strategic fit within our business and strongly complements our Fisher control valve business,” said Steve Sonnenberg, Emerson’s executive vice president heading the Emerson Process Management segment. Mahesh Desai, co-founder and chairman of Virgo, said, “The alliance with Emerson, and in particular the Fisher line of products, is a continuation of our growth as a global brand. We appreciate the support of customers, employees and other stakeholders who have been part of our company.”
Since starting operations in 1986, Virgo has focused on the manufacture and sales of engineered on-off valve products and today has manufacturing locations in Europe, the United States and India. Its sales in more than 60 countries were about $250 million last year, with more than 80% being outside India.
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