In November 2024, Emerson announced it has made a proposal to acquire all outstanding shares of common stock of AspenTech and that it has commenced a process to explore strategic alternatives, including a cash sale, for the Safety & Productivity segment.
In August 2024, Emerson completed the sale of its remaining interests in the Copeland joint venture (formerly Emerson Climate Technologies).
In October 2023, Emerson completed the acquisition of NI, diversifying its technology into test and measurement automation.
In August 2023, Emerson announced a definitive agreement to acquire Afag, an innovative leader in electric linear motion, feeding and handling automation solutions. The transaction will enhance Emerson’s capabilities in factory automation, one of the Company’s four priority adjacencies, and create a leading motion portfolio combining Afag’s electric linear motion solutions with Emerson’s pneumatic motion technology.
In August 2023, Emerson announced a definitive agreement to acquire Flexim, a global leader in clamp-on ultrasonic flow measurement for liquids, gases and steam. The transaction will expand Emerson’s automation portfolio and measurement capabilities, complementing its existing flow measurement offering with innovative and differentiated technology.
In May 2023, Emerson announced the successful closing of the sale of its majority stake in its Climate Technologies business to funds managed by Blackstone.
In November 2022, Emerson announced it has completed the previously announced sale of its InSinkErator® business to Whirlpool Corporation.
In June 2022, Emerson acquired Fluxa, a leader in the life sciences industry that uses software and modern technology architectures to accelerate the speed to market for new therapies, drugs and vaccines. The acquisition builds on Emerson’s leading software and solutions portfolio and life sciences expertise.
In May 2022, Emerson and AspenTech announced the successful closing of the combination of Emerson’s industrial software businesses – OSI Inc. and its Geological Simulation Software business – with AspenTech to create a global industrial software leader (“new AspenTech”). With the close of the transaction, Emerson owns 55% of new AspenTech on a fully diluted basis and AspenTech shareholders own the remaining 45%.
In March 2022, Emerson announced an agreement to sell its Therm-O-Disc sensing and protection technologies business to an affiliate of One Rock Capital Partners, LLC.
In December 2021, Emerson acquired Mita-Teknik in an all-cash transaction. Founded in 1969, Mita-Teknik is a leader in the control automation business for wind power generation, equipping wind turbines and wind farms with technologies for optimal performance and unsurpassed reliability.
In July 2021, Emerson announced an agreement to sell Daniel Measurement and Control, a global leader providing fiscal flow and energy measurement to the oil and gas industry, to Turnspire Capital Partners. The sale demonstrates Emerson’s strategic priority to focus its portfolio and management attention on data-rich, software-enabled technologies in diversified and high growth end markets.
In October 2020, Emerson announced an agreement to acquire Progea Group, an industry-leading provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies.
In August 2020, Emerson announced an agreement to acquire Open Systems International, Inc. (OSI Inc.) for $1.6 billion in an all-cash transaction. Open Systems International, Inc. (OSI Inc.) is a leading operations technology provider that broadens Emerson’s robust software portfolio and ability to help customers in the global power industry, as well as other end markets.
In April 2020, Emerson completed the purchase of American Governor, a leader in technologies and services for hydroelectric turbine controls. The addition of American Governor builds on Emerson’s technology capabilities and expertise in the renewables and power industry.
In March 2020, Emerson acquired Verdant, a leader in energy management solutions for the hotel and hospitality industries. Verdant’s cloud-based intelligence platform, combined with Emerson’s award-winning portfolio of Sensi products and commercial building controls, is helping both industry and consumers take action for a more sustainable and efficient future.
In September 2019, Emerson acquired the Spence and Nicholson steam technology product lines from Circor International (NYSE: CIR). The acquisition complements Emerson’s broad portfolio of steam system solutions for process industries and commercial buildings.
In December 2018, Emerson acquired Advanced Engineering Valves (A.E. Valves), a leading manufacturer of innovative valve technology that helps LNG customers operate more efficiently. This will enable Emerson, a global leader in automation solutions and technology, to provide its customers with the world’s broadest portfolio of valves to improve process performance and reliability.
In October 2018, Emerson acquired Intelligent Platforms, a division of General Electric. Intelligent Platforms’ programmable logic controller (PLC) technologies enable Emerson, a leader in automation for process and industrial applications, to provide its customers broader control and management of their operations.
In May 2018, Emerson acquired Aventics from Triton for a cash purchase price of €527 million. Aventics is among the global leaders in smart pneumatics technologies that power machine and factory automation applications. Emerson is a leader in fluid automation technologies for process and industrial applications, and Aventics significantly expands the Company’s reach in this growing $13 billion market.
In April 2018, Emerson acquired the Tools and Test Equipment (Tools & Test) business of Textron for $810 million. Tools & Test is a leading manufacturer of electrical and utility tools, diagnostics, and test and measurement instruments with strong global distribution and highly respected brands, including Greenlee and Klauke. The acquisition, joined with Emerson’s Ridge Tool Company, creates a global $1 billion professional tools business with the broadest offering for mechanical, electrical and plumbing contractors.
In January 2018, Emerson acquired ProSys Inc., a global supplier of software and services that increase production and safety for the chemical, oil and gas, pulp and paper, and refining industries. By building intuitive processes for plant operators, these solutions make everything from everyday operations to responding during abnormal situations easier.
In December 2017, Emerson agreed to acquire Cooper-Atkins, a leading manufacturer of temperature management and environmental measurement devices and wireless monitoring solutions for foodservice, healthcare and industrial markets. Cooper-Atkins is a strong complement to Emerson’s global cold chain business, which includes the ProAct™ Services portfolio for supermarkets and the Cargo Solutions business, which provides real-time perishable cargo tracking and monitoring services.
In October 2017, Emerson agreed to acquire Paradigm. Joined with Emerson’s existing Roxar software business, Paradigm creates a best-in-class, end-to-end Exploration & Production (E&P) software portfolio with offerings spanning seismic processing and interpretation to production modeling. Paradigm’s technology offerings will enable Emerson to better help oil and gas operators increase efficiency, reduce costs and improve return on investment.
In October 2017, Emerson acquired GeoFields to further position Emerson as a comprehensive solutions provider for pipeline operations management. Emerson’s extensive portfolio of pipeline solutions for the oil and gas industry includes pipeline and terminal enterprise commercial management solutions, operations management software, pipeline modeling and leak detection, SCADA systems, corrosion and erosion monitoring, valve and control solutions, flow metering and measurement technologies.
In August 2016, Emerson acquired Locus Traxx and PakSense to complement our existing Commercial & Residential Solutions portfolio, and enable us to further our leadership in cold chain management and fresh food monitoring. Investing in these businesses expands our technology and services and helps to address the high-stakes need of customers in the agriculture, transport and retail industries to provide safe and consistent fresh food monitoring.
In August 2016, Emerson announced an agreement to acquire the Pentair Valves & Controls business to expand our automation portfolio and enhance our position as an industry leader in control, isolation, pressure relief valves and actuation. With a large base in industries including chemical, petrochemical, oil and gas, power, and others, we have positioned our businesses to grow and provide customers with more complete solutions to their toughest challenges.
In August 2016, Emerson announced the sale of the Network Power business to Platinum Equity and a group of co-investors. Headquartered in Columbus, Ohio, the company is a leading provider of thermal management, A/C and D/C power, transfer switches, services and information management systems for the data center and telecommunications industries. Network Power is rebranding as Vertiv and will operate as a stand-alone global enterprise in Platinum Equity’s portfolio.
In August 2016, Emerson announced the sale of the Leroy-Somer and Control Techniques business units. The divestiture serves as another step in Emerson’s strategic repositioning to restructure and align our business for long-term growth.
