Emerson Acquires Enardo
Acquisition expands Emerson Process Management’s storage tank solutions for
oil and gas, petrochemical, chemical industries
ST. LOUIS -- October 4, 2013
Emerson (NYSE: EMR) announced today it has acquired Enardo LLC, a leader in
safety and environmental control equipment for the oil and gas, petrochemical,
wastewater, refining and other industries.
Enardo, with approximately $65 million in sales last year, employs 140 at its
headquarters and operations in Tulsa, Oklahoma. It manufactures tank and
terminal safety equipment, including hatches, vent, pressure and vacuum relief
valves and flame arrestors used in the oil and gas, petrochemical, chemical
and other industries. Enardo was previously a division of HMT, a leading
provider of above ground storage tank products and services based in The
“Enardo’s expertise in tank vapor controls applications is highly
complementary with our industry-leading regulator technologies portfolio,
including our Fisher Regulator product line,” said Steve Sonnenberg, president
of Emerson Process Management. “Enardo, which has an excellent reputation for
quality and customer satisfaction, extends our expertise and capabilities in
the upstream and downstream markets.”
Emerson Process Management, headquartered in McKinney, TX, makes pressure
regulators, relief valves, and related products in the United States and
around the world. These technologies help control pressure and flow of
industrial gas and liquids, natural gas and propane gas.
“Enardo is a market leader with strong brand presence. Together, we look
forward to better serving the needs of our storage tank and terminal customers
and markets worldwide,” said Randy Page, president of Emerson Process
Management’s Regulator Technologies business.
More information about Emerson Process Management and Fisher® Regulators may
be found at www.fisherregulators.com. More information about Enardo can be
found at http://enardo.com/about/about_enardo.htm.
About Emerson Process Management
Emerson Process Management (www.emersonprocess.com), an Emerson business, is a
leader in helping businesses automate their production, processing and
distribution in the chemical, oil and gas, refining, pulp and paper, power,
water and wastewater treatment, mining and metals, food and beverage, life
sciences and other industries. The company combines superior products and
technology with industry-specific engineering, consulting, project management
and maintenance services. Its brands include PlantWeb™, Syncade™, DeltaV™,
Fisher^®, Micro Motion^®, Rosemount^®, Daniel™, Ovation™, Bettis™ and AMS
Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in
bringing technology and engineering together to provide innovative solutions
for customers in industrial, commercial, and consumer markets around the
world. The company is comprised of five business segments:Process Management,
Industrial Automation, Network Power, Climate Technologies, and Commercial &
Residential Solutions. Sales in fiscal 2012 were $24.4 billion. For more
information, visit www.Emerson.com.
Mark Polzin, 314-982-1758
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