Emerson Agrees to Acquire Afag Holding AG, Accelerating Factory Automation Capabilities
Emerson has recently announced a definitive agreement to acquire Afag Holding AG (“Afag”), an innovative provider of electric linear motion, feeding and handling automation solutions. Headquartered in Zell, Switzerland, Afag brings state-of-the-art technology and innovation to Emerson. The transaction will enhance Emerson’s capabilities in factory automation, one of the Company’s four priority adjacencies, and create a motion portfolio combining Afag’s electric linear motion solutions with Emerson’s pneumatic motion technology.
