Emerson, a global engineering and technology company, acquired Spence and Nicholson product lines from Circor International, a leading provider of flow-control solutions, for $84m. The Spence and Nicholson lines are established industry-leading products that include steam regulators, control valves, safety relief valves, temperature regulators, steam traps and other steam accessories and solutions. “Spence and Nicholson’s capabilities will play an important role in bolstering our process offerings and expanding our opportunities with customers. Enhancing these capabilities will strengthen our ability to serve customers, including automation customers, as well as hospitals, universities, commercial operations, and the transportation industry, with a diverse portfolio of product offerings in the growing steam segment.” Ram Krishnan, Emerson’s Final Control business group president.