Emerson to acquire Pentair valves and controls business
The automation solution provider will purchase the business for $3.15 billion.
Missouri-based Emerson has signed an agreement to purchase the valves and controls business of Pentair for $3.15 billion.
This transaction follows Emerson’s recent divestitures of Network Power, Leroy-Somer and Control Techniques for $5.2 billion as part of the company’s overall strategic portfolio repositioning that was initiated in June 2015.