Emerson Expands Automation Portfolio with 2 Acquisitions - Modern Distribution Management

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Emerson Expands Automation Portfolio with 2 Acquisitions

Over two days, the company says it has acquired Germany-based Flexim and Switzerland-based Afag.
Emerson logo sign outside of its headquarters in St. Louis, Missouri.

Last week, St. Louis, Missouri-based Emerson Electric announced two new acquisitions of Europe-based companies.

On Aug. 16, Emerson announced a definitive agreement to acquire Flexim, a German provider of clamp-on ultrasonic flow measurement for liquids, gases and steam. Financial details were not disclosed.

Flexim provides highly accurate, low-maintenance clamp-on ultrasonic flow measurement technology for a broad range of attractive end markets, including chemical, water & wastewater, life sciences, food & beverage, and power generation. Headquartered in Berlin, Germany, Flexim has an installed base of more than 100,000 flowmeters, as well as approximately 450 employees.

“We are excited to further enhance Emerson’s capabilities with the addition of Flexim’s leading clamp-on ultrasonic measurement technology, which is a strong complement to our intelligent devices portfolio,” said Ram Krishnan, chief operating officer of Emerson. “Flexim brings an exciting new technology that will enable us to accelerate growth. The combination of Emerson’s comprehensive measurement suite and Flexim’s innovative technology will enhance the value we bring to customers across a variety of industries. We look forward to welcoming Flexim’s skilled and dedicated employees to Emerson, where they will continue to play a critical role in driving the success of the business.”

The transaction is expected to close by the end of Emerson’s fiscal 2023, subject to customary closing conditions.

On Aug. 17, Emerson also announced a definitive agreement to acquire Zell, Switzerland-based Afag Holding AG (Afag), a provider of electric linear motion, feeding and handling automation solutions.

The transaction is expected to 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.

“We are excited to join Emerson and build on its existing factory automation leadership, while further expanding our global reach,” said Adrian Fuchser, CEO of Afag. “Our customers rely on Afag for essential, customized systems and we are energized by this opportunity to create a more comprehensive and holistic solution for their motion needs. We share Emerson’s vision of providing complete solutions in essential industries and we look forward to driving continued success as part of Emerson.”

The transaction is also expected to close by the end of Emerson’s fiscal 2023, the company said.

In more Emerson-related acquisition activity, the company’s $8.2 billion acquisition of National Instruments is still awaiting finalization. When the deal was announced April 12, Emerson said closing was expected by the end of the second quarter. NI shareholders approved the deal June 29, but it is still awaiting regulatory approval.

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