Emerson Expands Automation Leadership With Agreement to Acquire Flexim, Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
Emerson (NYSE: EMR) has announced a definitive agreement to acquire FLEXIM Flexible Industriemeßtechnik GmbH, a global leader in clamp-on ultrasonic flow measurement for liquids, gases and steam. The acquisition will expand Emerson's automation portfolio and measurement capabilities, complementing its existing flow measurement positions.
August 16, 2023 | 10:57 am
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Emerson's acquisition of FLEXIM will expand its automation portfolio and measurement capabilities, potentially strengthening its market position.
The acquisition of FLEXIM, a leader in its field, will enhance Emerson's product portfolio and capabilities in automation and measurement. This could potentially lead to increased market share and revenues, positively impacting the stock in the short term.
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