Emerson Acquisitions Expand Its Capabilities in Fresh Food Monitoring
Will include the companies in a newly formed business focused on cargo-based solutions
ST. LOUIS — Emerson announced it is extending its presence in cold chain management with the acquisitions of Locus Traxx and PakSense. Emerson said these investments in cargo solutions will allow it to provide consistent and safe control of food and other temperature-sensitive goods.
“The addition of Locus Traxx and PakSense to our portfolio strongly positions Emerson to address the high-stakes challenges faced by end-users in the agriculture, transport, and retail industries to keep their products fresh, while helping them drive incremental growth,” said Bob Sharp, executive vice president and Commercial & Residential Solutions business leader, Emerson. “This investment in innovation and technologies in fresh food monitoring demonstrates how we are transforming Emerson to meet the evolving needs of our customers.”
Locus Traxx, based in Jupiter, Florida, offers real-time temperature loggers, which can be monitored anytime, anywhere, using cloud-based analytics. This allows cargo owners to monitor food and high-value shipments throughout the entire supply chain to promote freshness and quality.
PakSense, headquartered in Boise, Idaho, offers a full complement of temperature monitoring solutions fitting a wide range of shipments and cost/benefit scenarios that monitor the condition of perishable goods through the supply chain, so that only the freshest and safest products reach consumers.
“With these acquisitions, we are expanding our leadership in helping growers, food processors, shippers, retailers, and others to improve temperature controls, product quality, and cargo monitoring throughout the supply chain,” said Mark Dunson, group vice president, Electronics & Solutions, Emerson. “These expanded capabilities also help customers meet regulatory requirements for food quality and safety and reduce global waste.”
Emerson will include Locus Traxx and PakSense in a newly formed business focused on cargo-based solutions.
“This is a strong growth market for Emerson,” Sharp added. “Providing this more expansive solution that covers the whole fresh food process from grower to retailer is another example of how we are focusing the company to be stronger, faster, and more nimble for our customers.”
Terms of the acquisitions were not disclosed.
For more information, visit www.emerson.com.
Publication date: 9/2/2016