Siemens puts water technologies unit up for sale
Published on by Water Network Research, Official research team of The Water Network in Business
The Siemens Water Technologies business unit, which offers solutions for municipal and industrial water purification and wastewater treatment, will be sold along with the corresponding service activities.
"This business shows only minor synergies with our industrial portfolio, as the skills for water treatment are primarily based on chemical expertise. Instead of investing into that business, we want to gear our resources toward our core portfolio," explained Siegfried Russwurm, member of the Siemens AG managing board and CEO of Siemens' Industry Sector.
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