Emerson has just acquired Sanmar Engineering its stake in the joint venture Fisher Sanmarwhich had been operating in the Indian market for 18 years and generated sales of 40 M$ (28 M€) in 2010. This operation represents an investment of 135 M$ (sales made by the company, plus purchase of the land).
Thanks to the joint venture, Emerson Process Managemet has established a strong foothold in the Indian market. As its name suggests,Fisher Sanmar focused on branded products Fisherwhich merged a number of years ago with Rosemountthen strengthened with the acquisition of a number of companies specializing in process instrumentation, and was subsequently renamed Emerson Process Management. The brand Fisher covers control valves, process controllers and all the related services.
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