Acquisition creates the broadest portfolio of valves and critical
isolation technologies serving the Liquefied Natural Gas (LNG) industry
Emerson (NYSE: EMR) today announced it has acquired Advanced Engineering
Valves (A.E. Valves), a leading manufacturer of innovative valve
technology that helps LNG customers operate more efficiently. The
transaction will enable Emerson, a global leader in automation solutions
and technology, to provide its customers with the world’s broadest
portfolio of valves to improve process performance and reliability.
Terms of the deal were not disclosed.
The addition of A.E. Valves supports Emerson’s Main Valve Partner™
initiative to be the premier supplier of final control solutions for the
LNG industry, and complements its Vanessa triple-offset valve range to
create a single technology leader for process isolation in critical
cryogenic and severe service applications.
Both Emerson and A.E. Valves are focused on innovating to deliver
superior technology that helps customers achieve project delivery
success and operational excellence in their end markets. A.E. Valves is
a leader in torque-seated, friction-free, zero-leakage ball valve
technology that drives performance, cost and reliability improvements
over traditional ball valves. This technology is a strong complement to
Emerson’s portfolio of solutions that help customers achieve Top
Quartile performance.
“Adding A.E. Valves makes Emerson’s value to customers along the entire
global LNG value chain even more compelling as a single, accountable
partner for all of their valve needs,” said Lal Karsanbhai, executive
president of Emerson Automation Solutions. “Our expanded portfolio of
leading valve technology will help customers unlock greater capital
efficiency and asset productivity as they embark on a wave of investment
to meet rising global energy demand.”
A.E. Valves is headquartered in Verviers, Belgium, and has a nearly
10-year track record as a valve manufacturer at the leading edge of
innovation. Its breakthrough ball valve design creates a step change in
safety, environmental and performance outcomes for the LNG industry, as
well as oil and gas, chemical, and petrochemical customers.
“A.E. Valves is a natural addition for Emerson and shares the same
commitment to developing value-creating solutions for our customers’
most challenging process applications,” said Ram Krishnan, group
president of Emerson’s Final Control business. “This acquisition
represents another important investment that builds on our final control
technology portfolio to help customers unlock greater profitability and
productivity in their businesses.”
NOTE: A short slide presentation with additional information is
available here.
About Emerson
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a
global technology and engineering company providing innovative solutions
for customers in industrial, commercial and residential markets. Our
Emerson Automation Solutions business helps process, hybrid and discrete
manufacturers maximize production, protect personnel and the environment
while optimizing their energy and operating costs. Our Emerson
Commercial & Residential Solutions business helps ensure human comfort
and health, protect food quality and safety, advance energy efficiency
and create sustainable infrastructure. For more information visit Emerson.com.
About Advanced Engineering Valves
Advanced Engineering Valves (A.E. Valves) produces and designs a wide
range of special industrial valves to meet the most stringent service
conditions in the chemical, petrochemical, polymers, oil, coal gas,
cryogenic and heavy industries.
Forward-Looking and Cautionary Statements
Statements in this press release that are not strictly historical may be
“forward-looking” statements, which involve risks and uncertainties, and
Emerson undertakes no obligation to update any such statements to
reflect later developments. These risks and uncertainties include
economic and currency conditions, market demand, pricing, protection of
intellectual property, cybersecurity, tariffs, competitive and
technological factors, and the impact of the Tax Cuts and Jobs Act,
among others, as set forth in the Company's most recent Annual Report on
Form 10-K and subsequent reports filed with the SEC.
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