# Emerson expects to close Pentair Valves & Controls acquisition by end of April

Emerson said it expects final US FTC and Mexican regulatory approval for its acquisition of Pentair's Valves & Controls business, and will divest a non-material business to secure clearance. Closing is expected by the end of April 2017.

- Type: Acquisition
- Announced: 2017-04-04
- Where: Schaffhausen, Switzerland
- Value: $3.15B
- Status: announced
- Products: valves, controls
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Emerson](https://endata.com/companies/355.md) (acquirer)
- [Pentair Valves & Controls](https://endata.com/companies/356.md) (target)
- [Pentair](https://endata.com/companies/546.md) (partner)
- [Pentair](https://endata.com/companies/546.md) (target)

## Sources

- [emerson.com](https://www.emerson.com/it-it/news/corporate/emerson-provides-update-to-pentair), 2017-04-04: "we are very optimistic that we will receive final regulatory approval and be able to close by the end of April"
- [ir.emerson.com](https://ir.emerson.com/sec-filings/all-sec-filings/content/0000950138-17-000361/pressrelease991.htm), 2017-04-28: "Emerson (NYSE: EMR) today announced that it has completed the purchase of the Valves & Controls business from Pentair plc (NYSE: PNR) for $3.15 billion."
- [hydrocarbonengineering.com](https://www.hydrocarbonengineering.com/refining/03052017/emerson-acquires-pentair-valves-controls/), 2017-05-03: "Emerson has announced that it has completed the acquisition of the Valves & Controls business from Pentair plc for US$3.15 billion."
- [pcne.eu](https://www.pcne.eu/article/emerson-acquired-pentair-valves-controls/), 2017-05-10: "Emerson has recently announced that it has completed the purchase of the Valves & Controls business from Pentair plc for $3.15 billion."
- [scandoil.com](http://www.scandoil.com/moxie-bm2/news/mergers_acquisitions/index.p7.shtml), 2017-05-23: "Emerson has announced that it has completed the purchase of the Valves & Controls business from Pentair plc for USD 3.15 billion."
- [tradearabia.com](https://www.tradearabia.com/News/198209/Emerson-completes-Pentair-Valves-and-Controls-acquisition), 2018-03-09: "Emerson has completed the purchase of the Valves & Controls business from Pentair for $3.15 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.