Acquisition further expands global portfolio of measurement
technologies and services for process industries
AUSTIN, Texas (July 15, 2005) – Emerson (NYSE: EMR) today
announced it has acquired Solartron Mobrey from The Roxboro
Group PLC (RXO) of the United Kingdom.
Solartron Mobrey — whose measurement technologies include
level, density, viscosity and flow computer products — will be
renamed Mobrey Measurement (www.mobrey.com)
and become part of Emerson Process Management. Complementing
Emerson's established measurement brands, which include
Rosemount®, Micro Motion®,
Brooks®, Saab Rosemount and
Daniel®, the acquisition
includes all Solartron Mobrey technologies, services,
manufacturing facilities and employees.
"We are excited about the addition of Mobrey's measurement
technologies, services and application expertise to the Emerson
family," said John Berra, president, Emerson Process Management.
"This key acquisition extends Emerson's portfolio and leadership
in process measurement products and services, enabling us to
offer an even broader range of value, performance and
reliability."
Berra further noted that Solartron Mobrey's management
culture was a great fit for Emerson. "The Solartron Mobrey
management team demonstrates excellent leadership, dedication to
quality and strong company performance…qualities that fit the
Emerson culture exceedingly well," said Berra.
Solartron Mobrey measurement products provide continuous and
point monitoring for process industries worldwide, including
applications in oil and gas production and refining, chemical
and petrochemical, water and waste treatment, food and beverage,
and power and steam generation. Headquartered outside of London,
the Solartron Mobrey business has manufacturing in the United
Kingdom and France with sales and support in Europe, Asia and
the Americas.
"This is excellent news for our company and our customers,"
said Joe Willson, Managing Director of Solartron Mobrey. "Being
part of such a successful global player will allow us to provide
a broader range of solutions, enable us to grow our business
faster, and contribute to the success of the other Emerson
businesses."
Emerson Process Management
Emerson Process Management (www.emersonprocess.com),
a business of Emerson, is a leader in helping business automate
their production, processing and distribution in the chemical,
oil and gas, refining, pulp and paper, power, food and beverage,
pharmaceutical and other industries. The company combines
superior products and technology with
industry-specific-engineering, consulting, project management
and maintenance services. Emerson brands include PlantWeb®,
Fisher®, Micro Motion®, Rosemount®, DeltaV™, Ovation®, and AMS™
Suite.
About Emerson
Emerson (NYSE: EMR), based in St. Louis, is a global leader
in bringing technology and engineering together to provide
innovative solutions to customers through its network power,
process management, industrial automation, climate technologies,
and appliance and tools businesses. Sales in fiscal 2004 were
$15.6 billion. For more information, visit
www.GoToEmerson.com.
Contacts:
Jerry Moon, Emerson Process Management, Daniel
1 (512) 832-3089,
Jerry.Moon@EmersonProcess.com
Peter Dossing, Emerson Process Management
1 (512) 832-3162,
Pete.Dossing@EmersonProcess.com
Daniel, PlantWeb, Fisher, Micro Motion, Rosemount, DeltaV,
Ovation, Brooks, Daniel and AMS are marks of Emerson Process Management.
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