Emerson Acquires Afag Holding AG

ABB Acquires Aurora Motors

November 5, 2024

Industrial Services

ABB has signed an agreement to purchase Aurora Motors, a U.S.-based provider of vertical pump motors valued at about $4 million. The acquisition is intended to enhance ABB’s NEMA Motors product portfolio, expand its supply chain, and improve support for its global customer base, with closing expected before the end of ABB’s 2024 fiscal year.

Hammond Power Solutions to Acquire AEG Power Solutions in $365M All-Cash Deal

February 17, 2026

Industrial Services

Hammond Power Solutions has signed an agreement to buy AEG Power Solutions in an all-cash transaction valued at $365 million enterprise value. AEG Power Solutions is expected to operate as a wholly owned subsidiary of HPS, with its leadership team continuing day-to-day oversight. The deal is subject to regulatory approvals and customary conditions, and is expected to close in the second quarter of 2026.

Emerson Acquires American Governor Company

April 2, 2020

Energy

Emerson completed the acquisition of American Governor Company, a specialist in hydroelectric turbine governor controls and aftermarket services. The purchase strengthens Emerson's renewable energy and power capabilities by integrating American Governor's digital governor controllers and global hydropower services into Emerson's automation and control product portfolio.

Convergix Automation Solutions Acquires AGR Automation

August 31, 2022

Industrial Services

Convergix Automation Solutions, a Crestview Partners-backed automation platform, has acquired AGR Automation, a UK-based custom automation design and systems integration firm headquartered in Arbroath, Scotland. The deal — Convergix's third add-on as part of its platform build plan — expands Convergix's European footprint and capabilities in life sciences and consumer goods automation; financial terms were not disclosed.

Industrial Growth Partners Acquires AEM

September 13, 2021

Manufacturing

Industrial Growth Partners (IGP), in partnership with management and certain outside investors, acquired AEM (Holdings) Inc., AEM Group Limited and subsidiaries, creating a new platform investment to accelerate the company's growth. Founders Daniel and Cai Li Chang sold the company but retain a significant minority equity stake; Daniel Chang was named Chairman and Rick Busch was appointed CEO.

Solix Group AB Acquires Agramkow Fluid Systems A/S from Dürr Group

April 25, 2024

Manufacturing

Swedish investment company Solix Group AB has signed an agreement to acquire Danish Agramkow Fluid Systems A/S from Dürr AG. The transaction is a divestiture of Dürr's non-core filling-technology business (Agramkow), a Sønderborg-headquartered supplier to refrigeration, air-conditioning and heat-pump manufacturers that reported around €45m revenue and ~160 employees in 2023; completion is expected after a carve-out at the end of Q2 2024.