Engineering and tech firm Emerson has acquired the Spence and Nicholson product lines from Circor International.
The transaction will see Spence and Nicholson’s steam regulators, control valves, safety relief valves, temperature regulators, steam traps, and other steam accessories added to Emerson’s broad portfolio.
“This addition to our Final Control business demonstrates the continued value of bolt-on acquisitions that fill strategic gaps in our portfolio and diversify our product offerings in growth markets,” said Lal Karsanbhai, executive president of Emerson’s Automation Solutions business.
“By adding Circor’s premium steam technologies and profitable product lines, we will strengthen our position to help customers optimize their operations and enhance energy efficiencies.”
Ram Krishnan, group president of Emerson’s Final Control business, said Spence and Nicholson’s capabilities will “play an important role” in bolstering process offerings and expanding our opportunities with customers.
He added: “Enhancing these capabilities will strengthen our ability to serve customers, including automation customers, as well as hospitals, universities, commercial operations and the transportation industry, with a diverse portfolio of product offerings in the growing steam segment.”