Bürkert Fluid Control Systems has become a strategic shareholder in the Bern-based startup ReseaTech, which makes microdroplet flow sensors, to support joint small-volume dosing solutions and fund production scale-up.
Emerson signed an agreement on 18 August 2016 to acquire Pentair's Valves & Controls business, based in Schaffhausen, Switzerland, for US$3.15 billion, with about 7,500 employees.
Busch Vacuum Pumps and Systems announced that Swiss engineering company NSB Gas Processing is now part of the Busch group and has been renamed Busch NSB AG. The deal adds liquid ring vacuum pumps and compressor systems for oil and gas and chemical customers.
Taco Family of Companies acquired the Taconova Group, a Zurich-headquartered maker of hydronic heating, balancing, underfloor heating and valve solutions. The deal strengthens Taco's presence in Europe.
Emerson completed its acquisition of the Valves & Controls business from Pentair plc for $3.15 billion; the Swiss-headquartered unit in Schaffhausen has about 7,500 employees and will join Emerson Automation Solutions.
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.
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.
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%.