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May 17, 2018ACQUISITIONLaatzen, Germany Emerson agrees to buy Aventics from Triton for €527 million
Emerson agreed to acquire Aventics, a smart pneumatics technology maker with central offices in Laatzen, Germany, from Triton for a cash price of €527 million. Aventics has about 2,100 employees, five manufacturing locations and 2017 sales of $425 million.
Value
$616.0M (527.0M EUR)
Productssmart pneumatics technologiesfluid automation productspneumatic devices
“Emerson (NYSE: EMR) today announced it has agreed on terms to acquire Aventics from Triton for a cash purchase price of €527 million.”emerson.com
- 5 sources
- emerson.comEmerson Agrees to Buy AventicsMay 17, 2018
- industrialvalvenews.comEmerson acquired pneumatics technology company Aventics - Industrial Valve NewsMay 21, 2018
- powermotiontech.comEmerson to add Global Strength with Aventics Acquisition | Power & Motion TechMay 22, 2018
- vma.orgNews & Press - Valve Manufacturers Association of AmericaJun 13, 2018
- publiteconline.itAcquisition conditions have been accepted - InMotionJun 25, 2018
Summarized from public sources; check the original articles before acting on it.
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