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US-based Emerson Process snaps up Ameya Transmissions, India

Tuesday, May 19, 2015

Process automation services provider Emerson Process Management (EPM) today said it has acquired gear manufacturer Ameya Transmissions to provide end-to-end product line offering for its customers.

"Emerson acquired Pune-based Ameya Transmissions, manufacturer of gear operators and gearboxes, to give it an even stronger end-to-end product line offering for customers, including the actuation of manual valves via gears," the company said in a statement here.

This acquisition complements Emerson's final control technologies used primarily in the oil and gas and power industries both domestically and globally, it said.

Ameya Transmissions develops and manufactures a wide range of gear operators, including quarter-turn and multi-turn manual gearboxes, which are supplied to the manual valve industry.

"This acquisition strengthens our portfolio with the addition of a strong gearbox product platform that enhances our current solutions capabilities for customers in India and around the world," EPM Managing Director Amit Paithankar said.

Besides serving the Indian market, Ameya products are exported to many countries.

"Ameya, as a quality manufacturer, is a great strategic fit for Emerson and strongly complements our actuator business," he added.

Gear operators and gearboxes are a critical component of automated valve packages to serve as a failsafe mechanism in the event of a power failure.

"This deal makes great sense for both companies. Our businesses complement each other and we have the opportunity to grow even further because of Emerson's global reach and commitment to excellence," Ameya Transmissions Co-founder Rohan Pai said.

 

business-standard.com

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