Siemens divests water technologies

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Less than one month after selling off its Wallace & Tiernan ChemFeed business, Siemens Industry Automation Division announced that it had agreed to sell its conventional water treatment business to Utah-based WesTech Engineering. The business, which includes the Microfloc and General Filter product lines, is based in Ames, Iowa, and has annual sales estimated at $27 million.

Siemens’ Dr Lukas Loeffler described the Ames operations as “solid businesses with excellent employees, a rich history, and strong brand recognition. But these products are not a fit with our focus on portfolio differentiation, which is a key driver of our business overall.”

When making the announcement, Siemens said that the sale reflects its “ongoing assessment of its portfolio, processes and operations and alignment of its municipal strategy with long-term business objectives.” It should come as no surprise that a company with the word “Industry” in its name should finally decide to sell its municipal water business.

Volume 48
Issue 34
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