Emerson to Acquire Ball Valve and Automation Systems Manufacturer, Virgo
Emerson announced it has signed an agreement to purchase Virgo Valves and Controls, LTD, a manufacturer of ball valves and automation systems based in Pune, India.
A privately held company, Virgo serves markets worldwide, including the oil and gas, power, and mining industries. In addition to ball valves, Virgo also manufactures butterfly valves and severe-service valves.
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Virgo will operate within Emerson Process Management’s final controls business, serving customers in the energy and process-related industries.
"Virgo’s leadership in the engineered, on-off valve market is a great strategic fit within our business and strongly complements our Fisher control valve business," said Steve Sonnenberg, Emerson’s executive vice president who heads its Emerson Process Management segment. "Their ‘customer first’ focus on meeting or exceeding customer expectations in innovation, quality, performance, and on-time delivery aligns perfectly with the solutions that customers have come to expect from Emerson. We are excited about the synergy between our two companies and the opportunities for global business growth."