Emerson to Acquire Afag
Summary
Emerson (NYSE: EMR), a St.Louis, MO-based technology and software company providing industrial solutions, acquired Afag Holding, a Zell, Switzerland-based company which specializes in electric linear motion, feeding and handling automation solutions. Afag will be reported in Emerson’s Discrete Automation segment. Led by Adrian Fuchser, CEO, Afag provides electric linear motion, feeding and handling automation solutions serving customers in battery manufacturing, automotive, packaging, medical, life sciences and electronics. Emerson is a global technology and software company providing solutions for essential industries. Through its automation portfolio, including its majority stake in AspenTech, it helps hybrid, process and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals.