NEWS/DIVIDENDS extremely excited about the benefits of combining with such a compelling partner like A O Smith. This combination will enhance Aquasana’s reach to a much broader base of customers and extend our healthy living brand, as well as enhance the positive future prospects for our employees, customers and suppliers.” Aquasana’s executive and marketing team operate out of Austin, Texas, while the company’s sales, customer service and operations hub is based in Haltom City, Texas. Baird served as the exclusive financial advisor to Aquasana on this transaction. For further information, visit www.aosmith.com and www.aquasana.com
Evoqua and Neptune Benson purchase Delta UV
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voqua Water Technologies and its Neptune-Benson business have acquired Delta Ultraviolet Corp (Delta UV), a manufacturer and marketer of UV-C technology, from Bio UV SAS. UV-C technology is used to disinfect water and destroy harmful micro-organisms in other liquids. Founded in 1999, Gardena, California, USA-based Delta UV has developed an award-winning range of UV systems providing water treatment solutions for pool and spa applications. The acquisition adds Delta’s UV systems to Evoqua’s and Neptune Benson’s portfolio of UV solutions, including ETS-UV systems and Wallace & Tiernan brand Barrier UV products. “We are pleased to welcome Delta UV to the Neptune Benson and Evoqua family,” said Ken Rodi, president of Evoqua’s Neptune Benson business. “We’re excited to add another strong UV solution to our offerings, giving our customers more choices when it comes to their water disinfection needs.” Benoit Gillmann, CEO of Bio UV, said: “The teaming of Delta UV with Evoqua and Neptune Benson’s portfolio will lead to the next chapter of growth for the Delta brand.” For further information, visit www.evoqua.com, www.neptunebenson.com and www.deltauv.com
August 2016
Maag integrates operations in Americas
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aag Automatik Inc, Gala Industries and Reduction Engineering Scheer have joined forces in the Americas region to provide products and customer service in North and South America. Maag Americas offers customers in the polymer industry local sales and service support through a consolidated network, and a broadened product portfolio including industrial pumps, screen changers, dryers and water systems. With sites in Roanoke and Eagle Rock, Virginia and in Kent, Ohio, USA, Maag Americas also has sales and engineering offices in North Carolina, Ohio and Virginia, USA and in Sao Paulo, Brazil. The newly aligned Maag Americas division has recently completed a critical integration phase, which followed parent company Dover Corp’s best practice processes, designed to align key core competencies, leverage best-in-class operations and form new internal and external relationships. For further information, visit www.maag.com
New structure unveiled for Alfa Laval
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lfa Laval will have a new organizational structure from 1 January 2017, based on three industry-oriented business divisions: Marine, Food & Water and Energy. The divisions will consist of product-based business units. Operations will remain a common supply chain, but with closer ties to the business unit structure. The three regional sales functions will be consolidated into one Global Sales & Service organization. “Forming the Marine division back in 2011 was a successful move. Now we follow up with a Food & Water division and an Energy division,” said Tom Erixon, president and CEO of Alfa Laval. The new structure will result in a smaller group management, going from 11 to nine members.
Dividends • 3M is marking 100 consecutive years of dividends paid. The company’s board of directors has declared a dividend on its common stock of US$1.11 per share for the third quarter of 2016, which is payable on 12 September 2016. 3M has paid dividends to its shareholders without interruption since 1916. “A hallmark of our company’s long history of success is the ability to consistently invest to grow our businesses and to create value for our shareholders, including paying a strong and steady dividend,” said Inge Thulin, 3M chairman, president and CEO. “Today we are proud to mark 3M’s 100th consecutive year of paying dividends, which we have increased for each of the last 58 years.” www.3M.com • Ecolab Inc’s next regular quarterly cash dividend of US$0.35 per common share will be paid on 17 October 2016, to shareholders of record on 20 September 2016. Ecolab has paid cash dividends on its common stock for 79 consecutive years. www.ecolab.com • Donaldson Co Inc will pay a regular cash dividend of US$0.175 per share on 31 August 2016. The filter company has paid a cash dividend every quarter for the past 61 years. www.donaldson.com • The next Parker Hannifin Corp regular quarterly cash dividend of US$0.63 per share of common stock is payable on 9 September 2016. This is the company’s 265th consecutive quarterly dividend. Parker Hannifin has increased its annual dividends paid to shareholders for 60 consecutive fiscal years. www.parker.com • CECO Environmental Corp’s board has approved a quarterly dividend of US$0.066 per share which will be paid on 30 September 2016 to all stockholders of record on 16 September 2016. www.cecoenviro.com • ITT Inc’s third-quarter cash dividend of US$0.124 per share on the company’s outstanding stock will be payable on 3 October 2016 to shareholders of record on 9 September 2016. www.itt.com
For further information, visit www.alfalaval.com
Filtration Industry Analyst
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