Emerson to Acquire Valves and Controls Business from Pentair
Acquisition aligns with focus on investing in Emerson’s core business verticals
ST. LOUIS — Emerson announced it has signed an agreement to purchase the Valves & Controls business of Pentair for $3.15 billion. Emerson said the complementary acquisition establishes its global presence in control, isolation, pressure relief valves and actuation as part of a larger strategy to build a broader automation portfolio.
“This acquisition delivers on our strategic plan of investing in automation solutions and in markets where we have a global leadership position and see significant long-term growth opportunities,” said David N. Farr, chairman and chief executive officer. “By adding Pentair’s Valves & Controls leading technologies and services to our already broad portfolio, we have positioned our businesses to grow while continuing to provide our customers around the world with more complete solutions to their toughest challenges.”