Emerson, the St. Louis-based parent of Emerson Process Management, announced today that it has acquired Bristol Babcock from FKI plc, of Loughborough, England, for $121 million. To be renamed Bristol, it becomes part of Emerson Process Management, and adds industry leading measurement and control products, technologies and services for oil, gas, power, and water and wastewater industries worldwide, the company said.
Headquartered in Watertown, Conn., Bristol Babcock has annual revenue of about $80 million. The company’s products include remote terminal units, flow computers, transmitters and distributed process controllers. Bristol Babcock has manufacturing facilities and offices in the United States, United Kingdom and Canada, and additional offices in Mexico, the Middle East, Australia and China.
“Bristol will extend the Emerson product portfolio and leadership in flow measurement products and services, enabling us to offer an even broader range of value, performance and reliability to our customers,” said John Berra, president of Emerson Process Management. “In addition, the Bristol Babcock management team demonstrates excellent leadership, innovation, dedication to quality, and strong company performance—qualities that fit well with Emerson.”
Emerson said the acquisition complements Emerson Process Management’s established measurement brands, which include Rosemount, Micro Motion, Daniel and Mobrey.
“This is excellent news for our company and our customers,” said Jack Kelly, president of Bristol Babcock. “Emerson Process Management’s market leadership in the process industry worldwide will allow us to provide a broader range of solutions, enable us to grow our business faster and contribute to the success of other Emerson businesses as well.”