October 7, 2013 – Emerson has agreed to purchase Virgo Valves and Controls Ltd., a leading manufacturer of ball valves and automation systems based in Pune, India. Virgo is a privately held company that 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 the energy and process-related industries.
Since starting operations in 1986, Virgo has focused on the manufacture and sales of engineered on-off valve products, and today has manufacturing locations in Europe, the United States and India. Its sales in more than 60 countries last year were about $250 million, more than 80 per cent outside India. The deal was expected to close this month.
For more information, visit www.emersonprocess.com.