Missouri, USA-based technology and software company providing innovative solutions for the world’s essential industries, Emerson acquired a Germany-based company which specializes in clamp-on ultrasonic flow measurement for liquids, gases and steam, FLEXIM Flexible Industriemeßtechnik GmbH. The company announced the acquisition on August 16, 2023. However, the company did not disclose the amount of the transaction.
Purpose of the transaction by Emerson
The latest deal brings highly differentiated, complementary technology and strong customer relationships of Flexim to Emerson. It further brings an installed base of more than 100,000 flowmeters, as well as approximately 450 employees.
In addition, The transaction also expands Emerson’s automation portfolio and measurement capabilities, complementing its existing flow measurement positions in Coriolis, differential pressure, mag meter and vortex flow measurement.
The transaction is expected to close by the end of Emerson’s fiscal 2023, subject to customary closing conditions. After the transaction is complete, Flexim’s Berlin headquarters will serve as Emerson’s Ultrasonic Flow Measurement Center of Excellence.
What the Emerson official has to comment
Ram Krishnan, chief operating officer of Emerson, further said, “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. 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.”
What the investors have to comment
Jens Hilpert, chief executive officer and co-founder of Flexim, further said, “We are thrilled to be joining Emerson, which shares our culture of innovation and focus on technology and R&D. This transaction will enable us to provide more comprehensive solutions to a broader set of customers, leveraging Emerson’s global intelligent devices leadership and commercial excellence. As we join forces with Emerson, we will continue to serve our customers and utilize our combined capabilities to solve essential measurement needs.”
About the company
In 1890, Founders John Wesley Emerson launched Emerson. It is a global technology and software company providing innovative solutions for the world’s essential industries. The company boasts a leading automation portfolio, including its majority stake in AspenTech. Emerson helps hybrid, process and discrete manufacturers optimize operations, protect personnel, reduce emissions as well as achieve their sustainability goals.
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