- Email: [email protected]
Millipore buys Anatel TOC monitoring technology
Ic +
ISSUE 14 MAY 1998 ISSN 1365-6937
do ANDSE/PA~ATIO~~ I~~DUSTRIEI
UCC SECURITIES DEAL STRENGTHENS PARKER IHNNFIN’S FlLTRATION GROUP in a cash deal, Parker Hannifin Corporation has acquired the stock of UCC Securities Limited of Thetford, Norfolk, UK. UCC designs, manufactures and markets a broad range of technology-based hydraulic filtration products and accessories used by industrial, mobile OEMs and machine tool manufacturers, as well as hydraulic filtration products for in-plant industrial manufacturing applications. Fiscal 1997 sales were approximately US$30 million. With headquarters and research and manufacturing facilities in the UK, UCC also has sales offices and warehouses in Germany, France and Australia. The company employs 180 people. Mark Walters, president of Parker’s Filtration Group, said that the addition of UCC’s line of advanced technology products would broaden and strengthen Parker Hannifin’s filtration offerings worldwide. In addition, Walters said that UCC brought valuable experience and research resources to Parker in the areas of hydraulic system measurement equipment and contamination monitoring devices.
Parker Hannifin produces motion and control components for hundreds of industrial and aerospace markets, achieving sales of more than US$4 billion in fiscal 1997.
US FILTER EXPANDS IN THE MIDDLE EAST US Filter Corporation has announced two agreements which will significantly expand the company’s business in the Middle East. The transactions include the purchase of a COntrObg interest in Riyadh-based Metito Arabia Industries, a water and wastewater treatment company with annual sales of approximately US.%0 million. In addition, a letter of intent for a joint venture with Commercial International Bank of Cairo, Egypt’s largest ~~~~~~~~rb~~‘~~s~~~e~ treatment systems for cities and hotels throughout Egypt and the Middle East, has been signed. According to US Filter, Metito has installed more sea water and brackish water reverse osmosis and desalinization systems than any other company in the world. US Filter believes its controlling interest in Metito, combined with its international acquisitions of Permutit, in February 1996, Polymetrics, in October 1995, Bekox of Spain, in November 1995, and the pending acquisition of Culligan’s operations in the Middle East and Europe, give the company the largest installed base of desalinization equipment and services in the world. With Metito’s manufacturing plant in Dammam, US
Filter also now has the ability to locally build treatment systems for use in Saudi Arabia and other Persian Gulf countries, including Bahrain, Qatar and J&&h. Richard J Heckmann, US Filter’s chairman, president and chief executive officer, said Metito’s pre-eminent
position in Saudi Arabia and the
Gulf
would
allow
the
company to act as a channel for US Filter’s products and technologies. US Filter also expects to boost its Middle East business as a result of the proposed US Filter/Commercial International Bank joint
venture.
MILLIPORE BUYS ANATEL TOC MONITORING TECHNOLOGY Millipore Corporation has acquired the rights to Anatel Corporation’s total organic carbon (TOC) monitoring technology for use in conjunction with laboratoryscale water purification systems. Anatel, whose technology is protected by a series of patents around the world, is based in Boulder, Colorado. Under the terms of the agreement, Millipore has exclusive, world-wide rights to manufacture and sell the TOC monitoring products when they are used to measure the level of organic contaminants in highly purified laboratory water.
ISSUE 14 MAY 1998 ISSN 1365-6937
do ANDSE/PA~ATIO~~ I~~DUSTRIEI
UCC SECURITIES DEAL STRENGTHENS PARKER IHNNFIN’S FlLTRATION GROUP in a cash deal, Parker Hannifin Corporation has acquired the stock of UCC Securities Limited of Thetford, Norfolk, UK. UCC designs, manufactures and markets a broad range of technology-based hydraulic filtration products and accessories used by industrial, mobile OEMs and machine tool manufacturers, as well as hydraulic filtration products for in-plant industrial manufacturing applications. Fiscal 1997 sales were approximately US$30 million. With headquarters and research and manufacturing facilities in the UK, UCC also has sales offices and warehouses in Germany, France and Australia. The company employs 180 people. Mark Walters, president of Parker’s Filtration Group, said that the addition of UCC’s line of advanced technology products would broaden and strengthen Parker Hannifin’s filtration offerings worldwide. In addition, Walters said that UCC brought valuable experience and research resources to Parker in the areas of hydraulic system measurement equipment and contamination monitoring devices.
Parker Hannifin produces motion and control components for hundreds of industrial and aerospace markets, achieving sales of more than US$4 billion in fiscal 1997.
US FILTER EXPANDS IN THE MIDDLE EAST US Filter Corporation has announced two agreements which will significantly expand the company’s business in the Middle East. The transactions include the purchase of a COntrObg interest in Riyadh-based Metito Arabia Industries, a water and wastewater treatment company with annual sales of approximately US.%0 million. In addition, a letter of intent for a joint venture with Commercial International Bank of Cairo, Egypt’s largest ~~~~~~~~rb~~‘~~s~~~e~ treatment systems for cities and hotels throughout Egypt and the Middle East, has been signed. According to US Filter, Metito has installed more sea water and brackish water reverse osmosis and desalinization systems than any other company in the world. US Filter believes its controlling interest in Metito, combined with its international acquisitions of Permutit, in February 1996, Polymetrics, in October 1995, Bekox of Spain, in November 1995, and the pending acquisition of Culligan’s operations in the Middle East and Europe, give the company the largest installed base of desalinization equipment and services in the world. With Metito’s manufacturing plant in Dammam, US
Filter also now has the ability to locally build treatment systems for use in Saudi Arabia and other Persian Gulf countries, including Bahrain, Qatar and J&&h. Richard J Heckmann, US Filter’s chairman, president and chief executive officer, said Metito’s pre-eminent
position in Saudi Arabia and the
Gulf
would
allow
the
company to act as a channel for US Filter’s products and technologies. US Filter also expects to boost its Middle East business as a result of the proposed US Filter/Commercial International Bank joint
venture.
MILLIPORE BUYS ANATEL TOC MONITORING TECHNOLOGY Millipore Corporation has acquired the rights to Anatel Corporation’s total organic carbon (TOC) monitoring technology for use in conjunction with laboratoryscale water purification systems. Anatel, whose technology is protected by a series of patents around the world, is based in Boulder, Colorado. Under the terms of the agreement, Millipore has exclusive, world-wide rights to manufacture and sell the TOC monitoring products when they are used to measure the level of organic contaminants in highly purified laboratory water.