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Emerson to acquire Swiss motion automation maker Afag Holding · Endata

◂ Announcements

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Aug 17, 2023ACQUISITIONZell, Switzerland, Switzerland

Emerson to acquire Swiss motion automation maker Afag Holding

Emerson announced a definitive agreement to acquire Afag Holding AG, a Swiss maker of electric linear motion, feeding and handling automation solutions, to strengthen its factory automation business. The deal expands Emerson's served market by more than $9 billion.

Status

Announced

Productselectric linear motion systemsfeeding and handling automation

CompaniesEmerson acquirer Afag Holding target

Sectors#Automation and Robotics #Industrial Machinery

“Emerson today announced a definitive agreement to acquire Afag Holding AG ("Afag"), an innovative leader in electric linear motion, feeding and handling automation solutions.”ir.emerson.com

1 source
ir.emerson.comEmerson Accelerates Factory Automation Capabilities With Agreement to Acquire Afag :: Emerson (EMR)Aug 17, 2023

Summarized from public sources; check the original articles before acting on it.

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