02-05-2017
Emerson completes Pentair Valves & Controls acquisition
Emerson today announced that it has completed the purchase of the Valves & Controls business from Pentair plc, for $3.15 billion.
“This acquisition enables us to continue to grow our global footprint in automation and expand our leadership position in key served markets such as chemical, power, refining, mining and oil and gas,” said Chairman and Chief Executive Officer David N. Farr. “By adding these highly respected products and aftermarket services to our portfolio, Emerson is better positioned to serve the needs of our global customers.”
Headquartered in Schaffhausen, Switzerland, the Valves & Controls business is a leading provider of valve solutions and services with nearly 7,500 employees around the world. The business will be integrated into Emerson’s Automation Solutions platform.
Mike Train, Automation Solutions executive president, said, “Pentair’s Valves & Controls business fits extremely well with Emerson’s existing portfolio of Fisher control valves and regulators and Bettis actuators. The addition of market leading product brands such as Anderson Greenwood, Vanessa and Keystone creates the most comprehensive global valve business. Emerson’s final control portfolio now includes control valves, pressure relief, butterfly, gate, globe, ball and check valves, and an extensive global network of more than 200 service centres. The combination of these two leading businesses will allow us to better support and help customers select the right product and maintain it for the life of the asset.”
News Category:
-
TotalEnergies to cease operating its oldest steam cracker in Antwerp
TotalEnergies’ Antwerp platform provides an update on its investments for the future and announces plan to reconfigure its petrochemicals operations to strengthen competitiveness. ...
23-04-2025
-
HOERBIGER to break ground on new Florida Campus in Florida
HOERBIGER Corporation of America will hold a ceremony to commemorate the groundbreaking of its future home, the HOERBIGER Florida Campus, on Wednesday, April 23rd. Construction ...
22-04-2025
-
Amogy and JGC to accelerate commercialisation of ammonia cracking catalyst
Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced the first pilot plant deployment of its advanced ammonia cracking catalyst ...
17-04-2025
-
Clariant teams up with Technip to introduce new steam-to-oil catalyst
Clariant, a global leader in specialty chemicals, today announced the launch of StyroMax UL-100, its most advanced ethylbenzene dehydrogenation catalyst to date. This ...
09-04-2025
-
Yokogawa Launches OpreX Plant Stewardship
Yokogawa Electric Corporation announces the launch today of OpreXTM Plant Stewardship, the most comprehensive lifecycle service program in the company’s OpreX Sustainable ...
08-04-2025
-
IndianOil to build mega petrochemical project in Paradip
In a landmark development, Indian Oil Corporation Ltd. (IndianOil) signed a Memorandum of Understanding (MoU) with the Government of Odisha to set up a world-class Petrochemical ...
08-04-2025
-
BDI BioEnergy to begin construction of biofuel feedstock refinery plant
BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. This facility will ...
04-04-2025
-
Lummus Technology completes startup of electric heater demonstration unit
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the successful startup of its SRT-eTM commercial demonstration ...
03-04-2025
-
Clariant announces the successful startup of MegaMax™ 900 catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the successful startup of its MegaMax 900 methanol synthesis catalyst at European Energy’s ...
03-04-2025
-
Burckhardt Compression, a global leader in reciprocating compressor technology, has won a significant order for Digital Monitoring Services in Saudi Arabia. The order ...
03-04-2025