Triton to Sell Aventics Pneumatics to Emerson

There has been an agreement on terms, and the regulatory approval process is now underway for Triton to sell Aventics to Emerson. Aventics is a manufacturer of pneumatic components and systems, and Emerson, headquartered in St. Louis, Missouri (USA), is a global technology and engineering company that provides solutions for customers in industrial, commercial, and residential markets. The transaction is expected to close in the third quarter of 2018, subject to regulatory approvals, finalization of consultations and other customary closing conditions.