Emerson Process Management has acquired full ownership of Fisher Sanmar Limited, a joint venture with Sanmar Engineering Corporation in India.
The acquisition of the Fisher Sanmar Limited joint venture from Sanmar Engineering Corporation expands Emerson’s capabilities in India, adding to their offering of control valves, industrial regulators and various process technologies and services through the Fisher brand.
Expected to be renamed Emerson Process Chennai Private Limited, the company will expand sales, service and industry coverage of Emerson Process Management in India and the region while strengthening its supply base.
According to Terry Buzbee, President of Emerson Process Management’s Fisher business, Emerson has had a very productive partnership with Sanmar, having established many excellent customer relationships and built a strong foundation.
He adds that the acquisition strengthens Emerson Process Management’s presence in India and extends their ability to serve customers.
Over the next 10 years, India is expected to add more than 100GW of new thermal generation capacity. Emerson will be assigning dedicated power industry specialists to serve this market.
Other industries will also receive more focus, more locally made products, and more sales coverage, enabling Emerson to reduce product lead times and improve delivery for Indian customers.
Buzbee concludes by saying that the acquisition is a strong complement to their investment at the Fisher Chennai valve engineering and research centre in addition to enhancing their ability to support large, multinational projects in India as well as in the Middle East and throughout the region.