Emerson completed its purchase of MYNAH Technologies, a dynamic simulation and operator training software provider, to support Emerson Automation Solutions. Terms were not disclosed.
Dover Corporation completed its acquisition of Maag Group, a Zurich-based maker of gear pumps and filtration systems, for approximately $285 million, with Maag joining Dover's Pump Solutions Group.
Pentair plc announced completion of the sale of its Valves & Controls business to Emerson Electric for USD 3.15 billion, subject to customary working capital adjustments. Baer & Karrer acted as Swiss legal counsel to Pentair.
The US Federal Trade Commission approved Emerson Electric's acquisition of Pentair's Switzerland-based valves and controls business, valued at $3.15 billion, on condition that Emerson divest the Westlock Controls switchbox business to Crane Company.
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.
Amcor Flexibles will install a UV flexo printing press at its Kreuzlingen site in Switzerland to serve pharmaceutical packaging markets, as part of a European printing investment plan that also includes a digital press at Cramlington, UK.
FPT Industrial signed a long-term partnership to supply Liebherr Machines Bulle with tailor-made Tier 4 final / Stage IV NEF N45 engines equipped with its HI-eSCR system for construction machinery.
US automation group Emerson Electric agreed to acquire the Valves & Controls business of Pentair, headquartered in Schaffhausen, Switzerland, for $3.15 billion. Emerson expects its share of the process automation market to rise from 7% to nearly 10%.