Emerson reported Aug. 16 that it’s acquiring Berlin-based Flexible Industriemeßtechnik GmbH (Flexim), which has about 450 employees, and manufactures clamp-on, ultrasonic flow measurement technology for liquids, gases and steam. It has an installed base of more than 100,000 flowmeters, which serve in chemical, water/wastewater, life sciences, food/beverage, and power generation applications.
The transaction is expected to close by the end of Emerson’s 2023 fiscal year, and is subject to customary closing conditions. Terms of the deal weren’t disclosed.
Emerson adds that buying Flexim will expand its automation portfolio and measurement capabilities, complementing its existing flow measurement positions in Coriolis, differential pressure, magmeter and vortex flow measurement. Based on favorable end-market growth and technology leadership, Emerson expects high, single-digit growth per year in the global, ultrasonic, clamp-on flowmeter market for the longer term. Once the purchase close, Flexim’s headquarters is slated to become Emerson’s Ultrasonic Flow Measurement Center of Excellence.
“We’re thrilled to be joining Emerson, which shares our culture of innovation and focus on technology and R&D,” says Jens Hilpert, CEO and co-founder of Flexim. “This transaction will enable us to provide more comprehensive solutions to a broader set of customers, leveraging Emerson’s global intelligent devices leadership and commercial excellence. As we join forces with Emerson, we’ll continue to serve our customers and use our combined capabilities to solve essential measurement needs.”
Ram Krishnan, COO of Emerson, adds, “We’re excited to further enhance Emerson’s capabilities by adding Flexim’s leading clamp-on, ultrasonic measurement technology, which is a strong complement to our intelligent devices portfolio. Flexim brings an exciting new technology that will enable us to accelerate growth. The combination of Emerson’s comprehensive measurement suite and Flexim’s innovative technology will enhance the value we bring to customers across a variety of industries. We look forward to welcoming Flexim’s skilled and dedicated employees to Emerson, where they’ll continue to play a critical role in driving the success of the business.”
