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Emerson Bulks Up Renewables Business with Mita-Teknik Purchase
Emerson, St. Louis, acquired Mita-Teknik in an all-cash transaction. Founded in 1969, Mita-Teknik is a leader in the control automation business for wind power generation, equipping wind turbines and wind farms with technologies for optimal performance and unsurpassed reliability.
Mita-Teknik’s controls manage wind turbine operation to maximize energy production, while their control software optimizes wind farm output to provide the lowest-cost source of energy. In addition to Mita-Teknik’s full portfolio of OEM technologies, they serve the fast-growing aftermarket segment by offering cost-competitive retrofit solutions that extend turbine operational life and increase annual energy production.
Mita-Teknik has been involved with control design for more than 400 wind turbine models and an installed base of more than 60,000 systems worldwide. The acquisition expands Emerson’s renewable power generation automation solutions to the wind power market and enhances its ability to provide more value to global power customers.
Mita-Teknik is headquartered in Rødkærsbro, Denmark.
More information on this acquisition is available in this press release