Triton Funds, the investment firm owning Aventics, has formalized in the past few days the intention to sell the pneumatic company to the American corporation Emerson, one of the global leaders in the provision of engineering services for a wide range of markets and industries.
The two organizations have agreed on the conditions for the sale and the whole procedure is currently under approval process. The acquisition is expected to be completed by the third quarter of 2018.
The decision of selling Aventics was taken by Triton – which owned the company for four years, since it detached from Bosch Rexroth – with the aim of further enhancing the business by integrating it into a corporation solid and consistent, in terms of identity, objectives, and strengths.
The acquisition is in line with Emerson’s strategy, which, in recent years, has brought together many of the most dynamic companies operating in the field of industrial automation, creating a point of reference for the industrial sector worldwide.