Emerson Acquires Spence and Nicholson Steam Technology Product Lines from Circor International

3 Sep 2019  |
Emerson (NYSE: EMR), a global engineering and technology company, today announced it has acquired the Spence and Nicholson product lines from Circor International (NYSE: CIR).

The acquisition complements Emerson’s broad portfolio of steam system solutions for process industries and commercial buildings.

The Spence and Nicholson lines are established industry-leading products that include steam regulators, control valves, safety relief valves, temperature regulators, steam traps and other steam accessories and solutions.

ā€œThis addition to our Final Control business demonstrates the continued value of bolt-on acquisitions that fill strategic gaps in our portfolio and diversify our product offerings in growth markets,ā€ said Lal Karsanbhai, executive president of Emerson’s Automation Solutions business. ā€œBy adding Circor’s premium steam technologies and profitable product lines, we will strengthen our position to help customers optimise their operations and enhance energy efficiencies.ā€

ā€œSpence and Nicholson’s capabilities will play an important role in bolstering our process offerings and expanding our opportunities with customers,ā€ said Ram Krishnan, group president of Emerson’s Final Control business. ā€œEnhancing these capabilities will strengthen our ability to serve customers, including automation customers, as well as hospitals, universities, commercial operations and the transportation industry, with a diverse portfolio of product offerings in the growing steam segment.ā€

The acquisition closed on 30th August 2019.

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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.Ā Our Emerson Automation Solutions business helps process, hybrid and...

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