- Email: [email protected]
Daikin to acquire OYL Industries
6
Industry news
In brief The Water Technologies division of Siemens Industrial Solutions and Services (I&S) has been selected by Petrobras to provide a produced water treatment system for its P-53 Floating Production Storage and Offloading (FPSO) unit, located off the coast of Brazil. The produced water treatment system will include Monosep dissolved gas flotation (DGF) technology, which combines a patented floatation and DGF pump system. www.siemens.com Aqua America Inc has reached an agreement with Utilities & Industries Corp to acquire New York Water Service Corp in a transaction valued at US$51 million. Aqua America will pay US$28m in cash to acquire the stock of the company and assume US$23 million in debt. New York Water Service provides public water to approximately 135,000 residents in an area of Long Island, New York, USA. www.aquaamerica.com Nalco Co has created an exclusive agreement with Enviroquip Inc to market Nalco’s PermaCare Membrane Performance Enhancers for municipal membrane bioreactor (MBR) wastewater treatment plants in the US. The combined Nalco/Enviroquip offering will help reduce capital and operating expenses for new or existing MBR systems, the companies claim. www.nalco.com The programme has been announced for the International Filtration Conference, organised by Filter Media Consulting, which will take place in Osaka in November 2006. According to the organisers, it will feature topics about the potential of baghouse filtration; HVAC filtration; appliance filters and air purifiers; activated carbon media; cabin air filters and other automotive filtration; nanofibre technology; the latest electrostatically charged filter media developments; HEPA/ULPA; testing standards; and membrane-N2 separation. www.filtermedia-consulting.com
Filtration+Separation July/August 2006
Two acquisitions for Camfil Farr Camfil Farr has acquired IF Luftfilter AB (IF), a Swedish producer of air and metal filters. Camfil Farr, which has grown strongly in North America and Asia in recent years, says that it will consolidate its Nordic home base as a result of this acquisition. The company has also concluded an agreement in principle to acquire its German co-operation partner within gas turbine and power plant filters, Kaefer-Raco Engineering GmbH, to create a new division – Camfil Farr Power Systems. Kaefer-Raco and Camfil Farr’s subsidiary, Camfil Industrifilter in Borås, Sweden, have co-operated within areas such as development and production since 2002. IF and Kaefer-Raco have combined annual sales of SEK 460 million and a total of approximately 200 employees. The total purchase price for the two companies amounts to approximately SEK 230 m, the company says. “For Camfil Farr, these two acquisitions will strengthen our product range in the industrial filter market,” said Camfil Farr’s ceo, Alan O’Connell. “Both acquisitions have a clear industry logic, which in addition to enhancing the product range will provide improved proximity to customers and a larger base for continued research and product development.” www.camfilfarr.com
Powering ahead in a bid to target industrial pollution: Camfil Farr continues to strengthen in the gas turbine and power plant filtration marketplace.
Daikin to acquire OYL Industries Diversified manufacturing company Daikin Industries Ltd, based in Japan, has announced its intention to acquire up to a 100% stake in OYL Industries Bhd, a Malaysian HVAC and air-filtration business. It plans to acquire the shares at a purchase price of 5.73 Ringgit Malaysia (RM) (around US$1.6) per OYL ordinary share, totalling approximately 7,608 RM million (US$ 2,000 million). OYL is said to be the fourth-largest manufacturer of large-scale
commercial air-conditioning and the third-largest commercial airfiltration manufacturer in the world, with revenue of approximately 168 billion yen and an operating profit of approximately 11.5 billion yen for the fiscal year ending 30 June 2005. It specialises in products/technologies and engineering in the applied business segment (and low-cost HVAC products with its low-cost massproduction technology) and holds a solid presence in North America and Asia, Daikin reports.
Daikin adds that its acquisition of OYL will strengthen its global competitiveness in an everexpanding HVAC market, which, it says, is likely to do well in the growing markets of Brazil, Russia, China and India. The increasing need to save energy, and a new demand for unconventional airconditioning equipment with new natural refrigerant technologies, also lead the company to grow in this way, reports Daikin. www.daikin.com
Industry news
In brief The Water Technologies division of Siemens Industrial Solutions and Services (I&S) has been selected by Petrobras to provide a produced water treatment system for its P-53 Floating Production Storage and Offloading (FPSO) unit, located off the coast of Brazil. The produced water treatment system will include Monosep dissolved gas flotation (DGF) technology, which combines a patented floatation and DGF pump system. www.siemens.com Aqua America Inc has reached an agreement with Utilities & Industries Corp to acquire New York Water Service Corp in a transaction valued at US$51 million. Aqua America will pay US$28m in cash to acquire the stock of the company and assume US$23 million in debt. New York Water Service provides public water to approximately 135,000 residents in an area of Long Island, New York, USA. www.aquaamerica.com Nalco Co has created an exclusive agreement with Enviroquip Inc to market Nalco’s PermaCare Membrane Performance Enhancers for municipal membrane bioreactor (MBR) wastewater treatment plants in the US. The combined Nalco/Enviroquip offering will help reduce capital and operating expenses for new or existing MBR systems, the companies claim. www.nalco.com The programme has been announced for the International Filtration Conference, organised by Filter Media Consulting, which will take place in Osaka in November 2006. According to the organisers, it will feature topics about the potential of baghouse filtration; HVAC filtration; appliance filters and air purifiers; activated carbon media; cabin air filters and other automotive filtration; nanofibre technology; the latest electrostatically charged filter media developments; HEPA/ULPA; testing standards; and membrane-N2 separation. www.filtermedia-consulting.com
Filtration+Separation July/August 2006
Two acquisitions for Camfil Farr Camfil Farr has acquired IF Luftfilter AB (IF), a Swedish producer of air and metal filters. Camfil Farr, which has grown strongly in North America and Asia in recent years, says that it will consolidate its Nordic home base as a result of this acquisition. The company has also concluded an agreement in principle to acquire its German co-operation partner within gas turbine and power plant filters, Kaefer-Raco Engineering GmbH, to create a new division – Camfil Farr Power Systems. Kaefer-Raco and Camfil Farr’s subsidiary, Camfil Industrifilter in Borås, Sweden, have co-operated within areas such as development and production since 2002. IF and Kaefer-Raco have combined annual sales of SEK 460 million and a total of approximately 200 employees. The total purchase price for the two companies amounts to approximately SEK 230 m, the company says. “For Camfil Farr, these two acquisitions will strengthen our product range in the industrial filter market,” said Camfil Farr’s ceo, Alan O’Connell. “Both acquisitions have a clear industry logic, which in addition to enhancing the product range will provide improved proximity to customers and a larger base for continued research and product development.” www.camfilfarr.com
Powering ahead in a bid to target industrial pollution: Camfil Farr continues to strengthen in the gas turbine and power plant filtration marketplace.
Daikin to acquire OYL Industries Diversified manufacturing company Daikin Industries Ltd, based in Japan, has announced its intention to acquire up to a 100% stake in OYL Industries Bhd, a Malaysian HVAC and air-filtration business. It plans to acquire the shares at a purchase price of 5.73 Ringgit Malaysia (RM) (around US$1.6) per OYL ordinary share, totalling approximately 7,608 RM million (US$ 2,000 million). OYL is said to be the fourth-largest manufacturer of large-scale
commercial air-conditioning and the third-largest commercial airfiltration manufacturer in the world, with revenue of approximately 168 billion yen and an operating profit of approximately 11.5 billion yen for the fiscal year ending 30 June 2005. It specialises in products/technologies and engineering in the applied business segment (and low-cost HVAC products with its low-cost massproduction technology) and holds a solid presence in North America and Asia, Daikin reports.
Daikin adds that its acquisition of OYL will strengthen its global competitiveness in an everexpanding HVAC market, which, it says, is likely to do well in the growing markets of Brazil, Russia, China and India. The increasing need to save energy, and a new demand for unconventional airconditioning equipment with new natural refrigerant technologies, also lead the company to grow in this way, reports Daikin. www.daikin.com