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Evoqua to acquire Environmental Treatment Systems
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Industry news
Filtration+Separation November/December 2016
GE explores sale of Water & Process Technologies business Following the announcement of a proposed combination of GE’s Oil & Gas business with Baker Hughes, GE has confirmed that it is also exploring options for selling its Water & Process Technologies business. According to GE, the plan to divest the water business is a strategic decision that provides an opportunity to reposition the
business for growth and further invest for long-term success. “The Water & Process Technologies business is recognized as a leader in the industry for our portfolio, products, and services, and especially for our people and their deep domain expertise. This platform that we have built has positioned us for success by driving customer efficiency, promoting
Ahlstrom and Munksjö to merge Ahlstrom Corp and Munksjö Oyj are to combine, creating a fibre-based solutions company with annual net sales of approximately €2.2 billion and adjusted EBITDA of €249 million. The combined company’s main product areas will be Decor, Filtration, Industrial Solutions, and Specialties, with approximately 6200 employees and 41 production and converting facilities in 14 countries. The Filtration product area includes products used for automotive applications (oil, fuel and air filters), gas turbines, and indoor air quality filters. The combination will be implemented as a statutory absorption merger where Ahlstrom will be merged into Munksjö. Ahlstrom shareholders will receive 0.9738 new shares in
Munksjö for each Ahlstrom share that they own. The merger should be completed during the second quarter of 2017. “During the past two years the Ahlstrom management has executed a very focused and successful business turn-around by shedding costs and by focusing on commercial excellence with new products and value adding solutions for our customers. The financial results speak for themselves. The combination now enables us to directly jump into a growth mode with a much stronger balance sheet and greater earnings potential which will benefit our shareholders and our customers as well as other stakeholders,” said Hans Sohlström, chairman of the Ahlstrom board of directors. www.ahlstrom.com www.munksjo.com
global sustainability and innovating for a smart water future,” said Heiner Markhoff, CEO and president of GE Power, Water & Distributed Power. “The business is strong and will continue to be set up for future success.” GE is aiming to complete the sale of the Water business by mid-2017. www.gewater.com
Heiner Markhoff, CEO and president of GE Power, Water & Distributed Power.
Mann+Hummel establishes Internet of Things lab in Singapore Mann+Hummel has officially opened its global Internet of Things (IoT) lab in Singapore. The new IoT lab is part of Mann+Hummel’s research and development plan to develop and deliver smart filtration technologies. “The lab in Singapore will be our new Global Center of Competence for IoT solutions. We will harness our understanding of the filtration industry and the needs of our vast customer base and build optimized smart solutions with advanced sensors and predictive capabilities,” said Thomas Fischer, chairman of Mann+Hummel’s supervisory board. “Establishing the lab in Asia especially in Singapore will allow for the acceleration and adoption of these new technologies to take place.”
“We will build a business model by putting the customer first and then select the right IoT concepts to bring innovative value propositions to our end users,” said Nicolas Payen, director of the Mann+Hummel IoT lab. The lab, which will hire system, hardware, firmware and software engineers as well as data scientists, is working on more than ten innovation projects with another 30 in the pipeline. www.mann-hummel.com
Mann+Hummel’s new Internet-ofThings Lab in Singapore.
Evoqua to acquire Environmental Treatment Systems Evoqua Water Technologies has signed a definitive agreement to acquire Acworth, Georgia, USAbased Environmental Treatment Systems Inc, a provider of engineered solutions for the industrial wastewater market. Environmental Treatment Systems’ solutions include dissolved air flotation (DAF), wastewater systems, www.filtsep.com
biological treatment, services and controls for the food processing, pulp and paper, poultry and meat processing, chemical, beverage, laundry and textile industries.
form an organic wastewater centre of excellence with Environmental Treatment Systems to serve industrial customers across the portfolio.
Environmental Treatment Systems will join Evoqua’s Industrial Projects and Services division. As part of the acquisition, Evoqua’s Industrial Projects and Services division will
“We welcome Environmental Treatment Systems to the Evoqua Water Technologies family,” said Ron Keating, CEO of Evoqua. “Environmental Treatment Systems
has been a leader in the industrial wastewater market since 1987 and their proven solutions, customer focus and market flexibility have been hallmarks of their company. We look forward to them joining our team and to helping them accelerate their growth as part of Evoqua.” www.evoqua.com www.etsenvironmental.com
Industry news
Filtration+Separation November/December 2016
GE explores sale of Water & Process Technologies business Following the announcement of a proposed combination of GE’s Oil & Gas business with Baker Hughes, GE has confirmed that it is also exploring options for selling its Water & Process Technologies business. According to GE, the plan to divest the water business is a strategic decision that provides an opportunity to reposition the
business for growth and further invest for long-term success. “The Water & Process Technologies business is recognized as a leader in the industry for our portfolio, products, and services, and especially for our people and their deep domain expertise. This platform that we have built has positioned us for success by driving customer efficiency, promoting
Ahlstrom and Munksjö to merge Ahlstrom Corp and Munksjö Oyj are to combine, creating a fibre-based solutions company with annual net sales of approximately €2.2 billion and adjusted EBITDA of €249 million. The combined company’s main product areas will be Decor, Filtration, Industrial Solutions, and Specialties, with approximately 6200 employees and 41 production and converting facilities in 14 countries. The Filtration product area includes products used for automotive applications (oil, fuel and air filters), gas turbines, and indoor air quality filters. The combination will be implemented as a statutory absorption merger where Ahlstrom will be merged into Munksjö. Ahlstrom shareholders will receive 0.9738 new shares in
Munksjö for each Ahlstrom share that they own. The merger should be completed during the second quarter of 2017. “During the past two years the Ahlstrom management has executed a very focused and successful business turn-around by shedding costs and by focusing on commercial excellence with new products and value adding solutions for our customers. The financial results speak for themselves. The combination now enables us to directly jump into a growth mode with a much stronger balance sheet and greater earnings potential which will benefit our shareholders and our customers as well as other stakeholders,” said Hans Sohlström, chairman of the Ahlstrom board of directors. www.ahlstrom.com www.munksjo.com
global sustainability and innovating for a smart water future,” said Heiner Markhoff, CEO and president of GE Power, Water & Distributed Power. “The business is strong and will continue to be set up for future success.” GE is aiming to complete the sale of the Water business by mid-2017. www.gewater.com
Heiner Markhoff, CEO and president of GE Power, Water & Distributed Power.
Mann+Hummel establishes Internet of Things lab in Singapore Mann+Hummel has officially opened its global Internet of Things (IoT) lab in Singapore. The new IoT lab is part of Mann+Hummel’s research and development plan to develop and deliver smart filtration technologies. “The lab in Singapore will be our new Global Center of Competence for IoT solutions. We will harness our understanding of the filtration industry and the needs of our vast customer base and build optimized smart solutions with advanced sensors and predictive capabilities,” said Thomas Fischer, chairman of Mann+Hummel’s supervisory board. “Establishing the lab in Asia especially in Singapore will allow for the acceleration and adoption of these new technologies to take place.”
“We will build a business model by putting the customer first and then select the right IoT concepts to bring innovative value propositions to our end users,” said Nicolas Payen, director of the Mann+Hummel IoT lab. The lab, which will hire system, hardware, firmware and software engineers as well as data scientists, is working on more than ten innovation projects with another 30 in the pipeline. www.mann-hummel.com
Mann+Hummel’s new Internet-ofThings Lab in Singapore.
Evoqua to acquire Environmental Treatment Systems Evoqua Water Technologies has signed a definitive agreement to acquire Acworth, Georgia, USAbased Environmental Treatment Systems Inc, a provider of engineered solutions for the industrial wastewater market. Environmental Treatment Systems’ solutions include dissolved air flotation (DAF), wastewater systems, www.filtsep.com
biological treatment, services and controls for the food processing, pulp and paper, poultry and meat processing, chemical, beverage, laundry and textile industries.
form an organic wastewater centre of excellence with Environmental Treatment Systems to serve industrial customers across the portfolio.
Environmental Treatment Systems will join Evoqua’s Industrial Projects and Services division. As part of the acquisition, Evoqua’s Industrial Projects and Services division will
“We welcome Environmental Treatment Systems to the Evoqua Water Technologies family,” said Ron Keating, CEO of Evoqua. “Environmental Treatment Systems
has been a leader in the industrial wastewater market since 1987 and their proven solutions, customer focus and market flexibility have been hallmarks of their company. We look forward to them joining our team and to helping them accelerate their growth as part of Evoqua.” www.evoqua.com www.etsenvironmental.com