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Emerson Accelerates Factory Automation Capabilities With Agreement to Acquire Afag

PR Newswire - Thu Aug 17, 2023

Acquisition expands Emerson's factory automation served market by $9 billion and enhances exposure to key growth markets in discrete and hybrid

ST. LOUIS, Aug. 17, 2023 /PRNewswire/ -- Emerson (NYSE: EMR) today announced a definitive agreement to acquire Afag Holding AG ("Afag"), an innovative leader in electric linear motion, feeding and handling automation solutions.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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