Emerson to Buy Virgo Valves and Controls, LTD, No Terms Disclosed

Emerson (NYSE:

) announced it has signed an agreement to purchase Virgo Valves and Controls, LTD, a leading manufacturer of ball valves and automation systems based in Pune, India. A privately held company, Virgo serves diverse markets worldwide, including the oil and gas, power and mining industries. In addition to ball valves, Virgo also manufactures high performance butterfly valves and severe-service valves for critical applications. 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