Siemens Purchases Sole Rights to ITT's Portacel Product Line
Under the agreement, Siemens will acquire a significant installed base of equipment in approximately 20 countries. The company will continue to meet the needs of existing Portacel customers, and recently hired the former Portacel sales and marketing manager to continue overseeing sales of the product line at Siemens.
The product supply and aftermarket service agreement will be managed through Siemens Water Technologies' office based in the United Kingdom. Siemens is a leading global provider of chemical dosing, metering, disinfection, chlorination and electrochlorination products, sold under such leading industry brands as Wallace & Tiernan and Stranco.
Further information about solutions for water treatment are available at http://www.siemens.com/water
Siemens AG Industry Solutions Division
The Siemens Industry Sector (Erlangen, Germany) is the world's leading supplier of production, transportation, building and lighting technologies. With integrated automation technologies as well as comprehensive industry-specific solutions, Siemens increases the productivity, efficiency and flexibility of its customers in the fields of industry and infrastructure. The Sector consists of six Divisions: Building Technologies, Drive Technologies, Industry Automation, Industry Solutions, Mobility and Osram. With around 222,000 employees worldwide Siemens Industry posted a profit of EUR3.86 billion with revenues totalling EUR38 billion. www.siemens.com/industry.
With the business activities of Siemens VAI Metal Technologies, (Linz, Austria), Siemens Water Technologies (Warrendale, Pa., U.S.A.), and Industry Technologies, (Erlangen, Germany), the Siemens Industry Solutions Division (Erlangen, Germany) is one of the world's leading solution and service providers for industrial and infrastructure facilities. Using its own products, systems and process technologies, Industry Solutions develops and builds plants for end customers, commissions them and provides support during their entire life cycle. With around 31,000 employees worldwide Siemens Industry Solutions achieved an order intake of EUR 8.4 billon in fiscal year 2008 (preliminary and unaudited).
Further information and downloads at: http://www.siemens.com/...