Emerson announced it has acquired Afag Holding AG. The electric linear motion segment expands Emerson’s served market by more than $9 billion and is expected to grow mid-single digits annually, supporting Emerson’s long-term, profitable organic growth.
Afag, headquartered in Zell, Switzerland, brings state-of-the-art technology and innovation to Emerson. The acquisition enhances Emerson’s capabilities in factory automation and creates a leading motion portfolio that combines Afag’s electric linear motion solutions with Emerson’s pneumatic motion technology. Afag serves customers in markets that include battery manufacturing, automotive, packaging, medical, life sciences and electronics.
About Emerson
Emerson, headquartered in St. Louis, MO (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Their automation solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Their commercial and 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.