Emerson has agreed on terms to acquire Aventics from Triton for a cash purchase price of €527 million. Aventics is among the global leaders in smart pneumatics technologies that power machine and factory automation applications. Emerson is a leader in fluid automation technologies for process and industrial applications, and Aventics significantly expands the company’s reach in this growing $13 billion market. “With Aventics, we will gain a valuable footprint in Germany, a key market for automation technology and investment,” said Mike Train, executive president of Emerson Automation Solutions. “Aventics also brings opportunities for Emerson to better serve customers in hybrid markets, like food and 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.
Read more...Gas control products for Covid-19 November 2020, Fluid Systems Africa
Fluid Systems Africa (FSA) is the authorised distributor for Gas Control Equipment (GCE) in Africa, and supplies a wide range of healthcare and high-purity products.
The global spread of Covid-19 ...
Read more...Michael Brown now offering control courses to individuals November 2020, Michael Brown Control Engineering
Michael Brown is now offering training courses to individuals via online Zoom sessions. The first session of the Part 1 practical control course – Troubleshooting and Loop Tuning – will commence on Monday 1 February 2021.