Emerson Acquires Mita-Teknik
December 16, 2021
Emerson (NYSE: EMR) has acquired Mita-Teknik in an all-cash transaction. The purchase brings Mita-Teknik's wind-turbine control systems and aftermarket retrofit solutions into Emerson's Automation Solutions portfolio, expanding the company's renewable power generation automation capabilities and supporting customers' digital transformation and sustainability goals.
- Buyers
- Emerson
- Targets
- Mita-Teknik
- Industry
- Energy
- Location
- Central Denmark Region, Denmark
- Transaction Type
- Buyout
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