M&A Deal Summary

Emerson Acquires Knaack

On January 1, 2000, Emerson acquired manufacturer Knaack

Acquisition Highlights
  • This is Emerson’s 2nd transaction in the Manufacturing sector.
  • This is Emerson’s 9th transaction in the United States.
  • This is Emerson’s 2nd transaction in Illinois.
Investment Fate
  • Knaack was divested to a consortium of strategic buyers in 2012.

M&A Deal Summary

Date 2000-01-01
Target Knaack
Sector Manufacturing
Buyer(s) Emerson
Deal Type Add-on Acquisition

Target

Knaack

Crystal Lake, Illinois, United States
website
Knaack is a manufacturer of jobsite storage equipment, including storage chests, workstations, rolling workbenches and hand tool boxes marketed under the KNAACK® brand. The Company also markets a complete line of truck and van equipment, including drawer units, shelving and cabinets, and racks for full size and compact pickups, vans and utility vehicles, under the WEATHER GUARD® brand.

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Buyer(S) 1

Buyer

Emerson

St. Louis, Missouri, United States

website


Category Company
Founded 1890
Sector Diversified
Employees85,500
Revenue 19.6B USD (2022)
DESCRIPTION
Emerson Electric's corporate headquarters in St. Louis, Missouri.
Emerson Electric's corporate headquarters in St. Louis, Missouri.

Emerson is a diversified manufacturing and technology company. Emerson offers a wide range of products and services in the industrial, commercial, and consumer markets through its Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions businesses. Emerson was founded in 1890 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 12 of 66
Sector (Manufacturing) 2 of 7
Type (Add-on Acquisition) 9 of 54
State (Illinois) 2 of 3
Country (United States) 9 of 42
Year (2000) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-12-14 Jordan Telecommunications Products

Deerfield, Illinois, United States

Jordan Telecommunications Products, Inc. is a manufacturer of telecommunication equipment and supplies.

Buy $440M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-05-29 Xomox

Cincinnati, Ohio, United States

Xomox supplies high-end application driven sleeved plug valves, lined valves, high performance butterfly valves, and actuators to the chemical, petrochemical, pharmaceutical and other process industries. Xomox has major manufacturing facilities in Cincinnati, Ohio; Chihuahua, Mexico; Lindau, Germany; and Szekesfehervar, Hungary and operates 22 service centers in the Americas, Europe and Asia.

Sell $145M