Siemens Water Technologies to be acquired by AEA Investors

Sponsored by


Nov. 6, 2013 -- An agreement was recently signed by AEA Investors LP to acquire the water and wastewater treatment operations and asset services of Siemens Water Technologies for €640 million ($865 million).

Working with AEA investment professionals and operating partners, the existing management under the leadership of CEO Dr. Lukas Loeffler is committed to ensure continuity of the ongoing successful integration and optimization of Siemens' operations and assets. Siemens AG acquired the company in 2004 and will continue oversight until change of control -- anticipated to be within the next few months.

Under AEA, the company will continue focus on municipal and industrial water and wastewater treatment equipment and services. The transaction is still subject to regulatory approval.

Read an interview with Dr. Lukas Loeffler conducted by WWI here.

Following the sale of Siemens Water Technologies? Here are some additional articles that might interest you:

Siemens acquired by private equity firm, changes name to Evoqua

What does 2014 hold for Siemens Water Technologies, under AEA control?

Siemens Water Technologies to be acquired by AEA Investors

Why water was not the right fit for Siemens

Siemens to focus water business on automation technology for future

About AEA Investors LP

AEA Investors LP was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA's active individual investors (the "Participants") include an extraordinary network of more than 75 highly successful business executives, industrial families and former government leaders. Today, AEA's over 60 investment professionals operate globally with offices in New York, Connecticut, London, Munich, Hong Kong and Shanghai with $6.5 billion of invested and committed capital.

About Siemens Industry

The Siemens Industry Sector (Erlangen, Germany) is the world's leading supplier of innovative and environmentally friendly products and solutions for industrial customers. With end-to-end automation technology and industrial software, solid vertical-market expertise, and technology-based services, the Sector enhances its customers' productivity, efficiency, and flexibility. With a global workforce of more than 100,000 employees, the Industry Sector comprises the Division’s Industry Automation, Drive Technologies and Customer Services as well as the Business Unit Metals Technologies. For more information, visit http://www.siemens.com/industry.

###

Sponsored by

TODAY'S HEADLINES

Online Zeta Potential Measurement Provides Water Treatment Control, Cost Reduction

Online zeta potential measurements can provide real-time water quality monitoring and support effective process control under all circumstances. The value of online measurement is illustrated through the experiences of Aurora Water, which is using zeta potential at one facility as both an offline and online tool for monitoring and controlling water treatment processes.

Pacific Institute issues helpful analysis of CA water bond to better inform Nov voters

Voters on CA's November ballot will be asked whether to approve Proposition 1, the Water Quality, Supply and Infrastructure Improvement Act. As such, the Pacific Institute has released an objective new report that helps voters untangle the complexities of the water bond measure.

Research offers unique insight into monitoring groundwater at Ohio fracking sites

A new research project at the University of Cincinnati is taking a groundbreaking approach to monitoring groundwater resources near fracking sites in the state of Ohio.

EPA announces preliminary determination to regulate strontium in drinking water

EPA has announced that it has officially made a preliminary determination to regulate strontium in U.S. drinking water. Strontium is a naturally occurring element that, at elevated levels, can impact bone strength in individuals who do not consume enough calcium.

FOLLOW US ON SOCIAL MEDIA