
Emerson logo
Emerson will be paying $622 million to purchase Aventics, a leading manufacturer of pneumatic components and systems, from Triton. Germany-based Aventics has approximately 2,100 employees globally and five manufacturing locations. Last year, it registered sales of $425 million.
The transaction is expected to close in the fourth quarter of this year, subject to regulatory approvals, the finalization of necessary consultations and other customary closing conditions.
Companies in this article