Emerson to buy Aventics
Aventics manufactures smart pneumatics technologies that power machine and factory automation applications.
Emerson, St. Louis, Mo., announced plans to acquire Aventics, Lexington, Ky., from Triton Packaging, Miami, Fla.
Aventics manufactures smart pneumatics technologies that power machine and factory automation applications. Aventics builds upon and strengthens Emerson’s capabilities and solutions in key discrete and hybrid automation markets, including food and beverage, packaging and more.
“We will now offer the industry's widest range of fluid automation products and solutions with unmatched delivery, reliability and performance, and now with the addition of Aventics’ expertise, Emerson is positioned to be the most capable global company when it comes to fluid automation technologies,” says David Farr, chairman and CEO of Emerson. “This acquisition adds another strong, complementary technology portfolio into the Emerson family, creating value for our customers and more opportunities for growth.”
With central offices in Laatzen, Germany, Aventics has approximately 2,100 employees globally in five manufacturing locations.
“Aventics brings technologies, capabilities and expertise that are critical to digitalization of manufacturing, including predictive maintenance through integrated diagnostics, an important priority for our automation solutions business,” says Mike Train, executive president, Emerson Automation Solutions. “With Aventics, we will gain a valuable footprint in Germany, a key market for automation technology and investment. Aventics also brings opportunities for Emerson to better serve customers in hybrid markets like food and beverage, providing intelligent devices and solutions from processing through packaging.”