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Ionics acquires Watertec
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n u m b e r of b u s i n e s s e s in t h e s u p p l y of l a b o r a t o r y equipment. Mr Wellings said that no decision had b e e n m a d e a s to t h e i r f u t u r e .
For further information contact: Culligan International Company, One Culligan Parkway, Northbrook, IL 60062, USA. Tel: +1 708 205 6000;fax: +1 708 205 6005.
Millipore's r e v e n u e s up 24% Millipore C o r p . , r e c e n t l y a n n o u n c e d t h a t its t h i r d q u a r t e r r e v e n u e s w e r e U S $ 1 8 5 million, u p 2 4 % from t h e s a m e p e r i o d l a s t year. G r o w t h in local c u r r e n c y w a s 31%. T h e g r o w t h w a s a t t r i b u t a b l e in l a r g e p a r t to two r e c e n t Millipore a c q u i s i t i o n s , Amicon and Tylan-General. Without the acquisitions, Millipore r e v e n u e g r o w t h w o u l d h a v e b e e n 8% in local c u r r e n c y . M i l l i p o r e ' s a n a l y t i c a l b u s i n e s s p e r f o r m e d well, p r o m p t e d b y t h e s u c c e s s f u l i n t r o d u c t i o n of a n e w f a m i l y of l a b o r a t o r y w a t e r p u r i f i c a t i o n s y s t e m s . In addition, microelectronics -- excluding the newly acquired Tylan business -- also showed improved performance. Millipore report that Biopharmaceutical r e v e n u e g r o w t h of 6% in t h e t h i r d q u a r t e r w a s b e l o w e x p e c t a t i o n s . However, Millipore s t a t e t h a t t h i s d o e s n o t c h a n g e t h e i r v i e w of t h e g r o w t h p o t e n t i a l of t h i s business over the long term. C E O W i l l i a m Z a d e l c o m m e n t e d , "we h a d e x p e c t e d o u r r e c e n t a c q u i s i t i o n s to b e n o n - d i l u t i v e b y y e a r ' s e n d . We h a v e a c h i e v e d t h i s for o u r A m i c o n a c q u i s i t i o n , " Z a d e l s a i d . "Given t h e m i c r o e l e c t r o n i c s r e v e n u e t r e n d s of t h e y e a r to d a t e , it will p r o b a b l y b e n e x t y e a r b e f o r e t h i s is a c h i e v e d for t h e T y l a n a c q u i s i t i o n . We r e m a i n o p t i m i s t i c a b o u t o u r s t r a t e g i c d i r e c t i o n a n d g r o w t h p o t e n t i a l in m i c r o e l e c t r o n i c s , a n d a r e a d j u s t i n g e x p e n s e levels in l i g h t of m a r k e t c o n d i t i o n s to m e e t o u r f i n a n c i a l t a r g e t s . "
For further information contact: Millipore Corporation, 80 A s h b y Road, Bedford, MA 01730-2271, USA. Tel: +1 617 275 9200;fax: +1 617 533 3301.
Major restructuring o f USF USF, p a r t of U S Filter, t h e w o r l d ' s l a r g e s t m a n u f a c t u r e r of w a t e r a n d w a s t e w a t e r t r e a t m e n t s y s t e m s , h a s a n n o u n c e d p l a n s to r e s t r u c t u r e its UK a c t i v i t i e s in t h e m u n i c i p a l w a s t e a n d p o t a b l e a n d industrial wastewater markets.
4
A n u m b e r of w e l l - k n o w n b r a n d n a m e s a r e i n c l u d e d in t h e G r o u p i n c l u d i n g : E d w a r d s & J o n e s , W a l l a c e & T i e r n a n , A c u m e m , E n v i r e x , G e n e r a l F i l t e r a n d Flocor. U S F a n n o u n c e t h a t w h i l e t h e s e b r a n d n a m e s will b e r e t a i n e d a n d p r o m o t e d , t h e y will b e i n t e g r a t e d i n t o a single o r g a n i s a t i o n . T h e UK's D i v i s i o n a l MD Bill R e e v e s s a i d t h a t t h e a i m of t h e r e s t r u c t u r i n g w a s to r e m o v e d u p l i c a t i o n o n e a c h of t h e U S F s i t e s a n d s t a f f will b e e n c o u r a g e d to s h a r e a n d d e v e l o p t h e i r k n o w l e d g e a c r o s s all a s p e c t s of t h e b u s i n e s s .
For further information contact: USF Ltd, Whittle Road, Meir, Stoke-on-Trent, ST3 7QD, UK. Tel: +44 1782 599000;fax: +44 1 782 599001.
Ionics acquires Watertec Ionics, r e c e n t l y a n n o u n c e d t h a t it h a s a c q u i r e d water treatment specialist Watertec Group who are b a s e d in B r i s b a n e , A u s t r a l i a . T h e g r o u p of b u s i n e s s e s , w h i c h will b e k n o w n a s I o n i c s W a t e r t e c Pry. Ltd, will c o n t i n u e t h e i r e x i s t i n g a c t i v i t i e s in t h e m a n u f a c t u r e a n d s u p p l y of o z o n a t i o n s y s t e m s for w a t e r d i s i n f e c t i o n a s well a s s y s t e m s for c h e m i c a l metering. A c c o r d i n g to l o n i c s ' C h a i r m a n , A r t h u r L. G o l d s t e i n , "the o z o n a t i o n p r o c e s s w a s o n e of t h e m i s s i n g 'tools' in t h e I o n i c s T o o l b o x of a d v a n c e d w a t e r t r e a t m e n t t e c h n o l o g i e s . He a d d e d t h a t "at t h e s a m e t i m e , I o n i c s W a t e r t e c will p r o v i d e a c o n d u i t for I o n i c s ' w a t e r a n d w a s t e w a t e r t r e a t m e n t p r o d u c t s a n d s e r v i c e s in t h e Australian and Asian markets." G o l d s t e i n a d d e d t h a t J o h n S. C h a l m e r s , M a n a g i n g D i r e c t o r of t h e G r o u p , a n d Philip J . B a r l o w , T e c h n i c a l Director, will b e c o m e active m e m b e r s of I o n i c s ' management team.
For further information contact: Ionics Incorporated, PO Box 9131, Watertown, MA 02272-9131, USA. Tel: +1 617 926 2500;fax: +1 617 926 4304. Internet: http: / / www.ionics.com
Minntech forms alliance with Baxter M i n n t e c h Corp. is to e n t e r i n t o a w o r l d w i d e e x c l u s i v e hemofilter distribution agreement with Baxter H e a l t h c a r e Corp. U n d e r t h e t e r m s of t h e m u l t i - y e a r a g r e e m e n t , B a x t e r will h a v e e x c l u s i v e d i s t r i b u t i o n r i g h t s to M i n n t e c h ' s R e n a t l o II a n d Minifilter P l u s h e m o f i l t e r p r o d u c t l i n e s in n e a r l y all w o r l d m a r k e t s .
M e m b r a n e T e c h n o l o g y No. 91
n u m b e r of b u s i n e s s e s in t h e s u p p l y of l a b o r a t o r y equipment. Mr Wellings said that no decision had b e e n m a d e a s to t h e i r f u t u r e .
For further information contact: Culligan International Company, One Culligan Parkway, Northbrook, IL 60062, USA. Tel: +1 708 205 6000;fax: +1 708 205 6005.
Millipore's r e v e n u e s up 24% Millipore C o r p . , r e c e n t l y a n n o u n c e d t h a t its t h i r d q u a r t e r r e v e n u e s w e r e U S $ 1 8 5 million, u p 2 4 % from t h e s a m e p e r i o d l a s t year. G r o w t h in local c u r r e n c y w a s 31%. T h e g r o w t h w a s a t t r i b u t a b l e in l a r g e p a r t to two r e c e n t Millipore a c q u i s i t i o n s , Amicon and Tylan-General. Without the acquisitions, Millipore r e v e n u e g r o w t h w o u l d h a v e b e e n 8% in local c u r r e n c y . M i l l i p o r e ' s a n a l y t i c a l b u s i n e s s p e r f o r m e d well, p r o m p t e d b y t h e s u c c e s s f u l i n t r o d u c t i o n of a n e w f a m i l y of l a b o r a t o r y w a t e r p u r i f i c a t i o n s y s t e m s . In addition, microelectronics -- excluding the newly acquired Tylan business -- also showed improved performance. Millipore report that Biopharmaceutical r e v e n u e g r o w t h of 6% in t h e t h i r d q u a r t e r w a s b e l o w e x p e c t a t i o n s . However, Millipore s t a t e t h a t t h i s d o e s n o t c h a n g e t h e i r v i e w of t h e g r o w t h p o t e n t i a l of t h i s business over the long term. C E O W i l l i a m Z a d e l c o m m e n t e d , "we h a d e x p e c t e d o u r r e c e n t a c q u i s i t i o n s to b e n o n - d i l u t i v e b y y e a r ' s e n d . We h a v e a c h i e v e d t h i s for o u r A m i c o n a c q u i s i t i o n , " Z a d e l s a i d . "Given t h e m i c r o e l e c t r o n i c s r e v e n u e t r e n d s of t h e y e a r to d a t e , it will p r o b a b l y b e n e x t y e a r b e f o r e t h i s is a c h i e v e d for t h e T y l a n a c q u i s i t i o n . We r e m a i n o p t i m i s t i c a b o u t o u r s t r a t e g i c d i r e c t i o n a n d g r o w t h p o t e n t i a l in m i c r o e l e c t r o n i c s , a n d a r e a d j u s t i n g e x p e n s e levels in l i g h t of m a r k e t c o n d i t i o n s to m e e t o u r f i n a n c i a l t a r g e t s . "
For further information contact: Millipore Corporation, 80 A s h b y Road, Bedford, MA 01730-2271, USA. Tel: +1 617 275 9200;fax: +1 617 533 3301.
Major restructuring o f USF USF, p a r t of U S Filter, t h e w o r l d ' s l a r g e s t m a n u f a c t u r e r of w a t e r a n d w a s t e w a t e r t r e a t m e n t s y s t e m s , h a s a n n o u n c e d p l a n s to r e s t r u c t u r e its UK a c t i v i t i e s in t h e m u n i c i p a l w a s t e a n d p o t a b l e a n d industrial wastewater markets.
4
A n u m b e r of w e l l - k n o w n b r a n d n a m e s a r e i n c l u d e d in t h e G r o u p i n c l u d i n g : E d w a r d s & J o n e s , W a l l a c e & T i e r n a n , A c u m e m , E n v i r e x , G e n e r a l F i l t e r a n d Flocor. U S F a n n o u n c e t h a t w h i l e t h e s e b r a n d n a m e s will b e r e t a i n e d a n d p r o m o t e d , t h e y will b e i n t e g r a t e d i n t o a single o r g a n i s a t i o n . T h e UK's D i v i s i o n a l MD Bill R e e v e s s a i d t h a t t h e a i m of t h e r e s t r u c t u r i n g w a s to r e m o v e d u p l i c a t i o n o n e a c h of t h e U S F s i t e s a n d s t a f f will b e e n c o u r a g e d to s h a r e a n d d e v e l o p t h e i r k n o w l e d g e a c r o s s all a s p e c t s of t h e b u s i n e s s .
For further information contact: USF Ltd, Whittle Road, Meir, Stoke-on-Trent, ST3 7QD, UK. Tel: +44 1782 599000;fax: +44 1 782 599001.
Ionics acquires Watertec Ionics, r e c e n t l y a n n o u n c e d t h a t it h a s a c q u i r e d water treatment specialist Watertec Group who are b a s e d in B r i s b a n e , A u s t r a l i a . T h e g r o u p of b u s i n e s s e s , w h i c h will b e k n o w n a s I o n i c s W a t e r t e c Pry. Ltd, will c o n t i n u e t h e i r e x i s t i n g a c t i v i t i e s in t h e m a n u f a c t u r e a n d s u p p l y of o z o n a t i o n s y s t e m s for w a t e r d i s i n f e c t i o n a s well a s s y s t e m s for c h e m i c a l metering. A c c o r d i n g to l o n i c s ' C h a i r m a n , A r t h u r L. G o l d s t e i n , "the o z o n a t i o n p r o c e s s w a s o n e of t h e m i s s i n g 'tools' in t h e I o n i c s T o o l b o x of a d v a n c e d w a t e r t r e a t m e n t t e c h n o l o g i e s . He a d d e d t h a t "at t h e s a m e t i m e , I o n i c s W a t e r t e c will p r o v i d e a c o n d u i t for I o n i c s ' w a t e r a n d w a s t e w a t e r t r e a t m e n t p r o d u c t s a n d s e r v i c e s in t h e Australian and Asian markets." G o l d s t e i n a d d e d t h a t J o h n S. C h a l m e r s , M a n a g i n g D i r e c t o r of t h e G r o u p , a n d Philip J . B a r l o w , T e c h n i c a l Director, will b e c o m e active m e m b e r s of I o n i c s ' management team.
For further information contact: Ionics Incorporated, PO Box 9131, Watertown, MA 02272-9131, USA. Tel: +1 617 926 2500;fax: +1 617 926 4304. Internet: http: / / www.ionics.com
Minntech forms alliance with Baxter M i n n t e c h Corp. is to e n t e r i n t o a w o r l d w i d e e x c l u s i v e hemofilter distribution agreement with Baxter H e a l t h c a r e Corp. U n d e r t h e t e r m s of t h e m u l t i - y e a r a g r e e m e n t , B a x t e r will h a v e e x c l u s i v e d i s t r i b u t i o n r i g h t s to M i n n t e c h ' s R e n a t l o II a n d Minifilter P l u s h e m o f i l t e r p r o d u c t l i n e s in n e a r l y all w o r l d m a r k e t s .
M e m b r a n e T e c h n o l o g y No. 91