Emerson buys oil and gas equipment maker
The deal extends Emerson's market position in both upstream and downstream segmnents
ST. LOUIS—Emerson Process Management has acquired Enardo LLC, a manufacturer of safety and environmental control equipment for the oil and gas, petrochemical, wastewater, refining and other industries.
Posting about $65 million in sales last year, Enardo employs 140 at its headquarters and operations in Tulsa, Okla. 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, which makes above-ground storage tank products and services and is based in The Woodlands, Texas.
“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.