Introduction: in order to simplify the operation structure and maintain market competitiveness, Siemens plans to sell its two subsidiaries. One of them is a water treatment technology company, and the other subsidiary is mainly engaged in the development of access control system reading devices, as well as intruder alarm and monitoring technology. Screw extruders are not only used for extrusion molding and mixing processing of high molecular materials. Recently, foreign media quoted insiders as saying that in order to simplify the operation structure and maintain market competitiveness, the German industrial giant Siemens has selected investment banks such as Goldman Sachs to help it sell its two subsidiaries, mainly focusing on epoxy resin. One of them is a water treatment technology company, and the other subsidiary is mainly engaged in the development of access control system reading devices, as well as intruder alarm and monitoring technology
in this regard, he Zaihua, a senior researcher of CIC consultants, commented in an interview with the daily economy that Siemens currently plans to divest a number of business units to focus on the most profitable business. Although the revenue of access control system reading device and water treatment business is good, as the company with the second highest market value in Germany, other fields have greater potential to tap. Choosing to abandon two promising businesses can raise a considerable amount of funds for the later development of the enterprise
the impact of stripping water treatment business is limited.
Siemens (China) Co., Ltd. said in an interview with the daily economy that Siemens' water treatment business will be more focused on automation and drive business with core competitiveness in the future, and businesses involving water and wastewater processing and treatment will be sold. However, the sale of safety products business has not been heard
in terms of water treatment business, Siemens will focus on solutions related to its core competence in the electromechanical field in the future, that is, supporting 2. 85.61% of the respondents' enterprises to adopt automation and driving technology for the operation of recycling/bio based materials drinking water plants, sewage treatment plants and desalination plants. Under the water treatment business department, the mechanical, biological and chemical treatment and processing businesses of water and sewage will be sold, with a turnover of 1 billion euros (about 1.4 billion US dollars) in fiscal 2012
he Zaihua believes that the annual revenue of $1.4 billion is at the lower middle level in the water treatment industry, but considering the global layout of Siemens' water treatment market, this revenue level is indeed somewhat unsatisfactory. The water treatment subsidiary accounts for a relatively small proportion of Siemens' business. After divestiture, it will develop businesses with strong profitability, so it has little impact on the enterprise
according to the data, Siemens proposed the Siemens 2014 company plan in early November 2012. Through this plan, the total profit margin of all business areas will reach at least 12% by the end of fiscal year 2014, and the goal of reducing expenditure by 6billion euros will be achieved. It is reported that due to the low price of phenolic foam, the company plans to strengthen its core business
the possibility of China participating in the bidding is not high
according to media reports, an insider revealed that at present, a number of potential buyers who are interested in bidding have contacted Siemens, and the investment bank has begun to evaluate the sale plan
as Siemens' water treatment technology business is mainly focused on the North American market, industry insiders expect that American xylem and Pentair will seek to bid for this business
media quoted insiders as saying that Asian enterprises may also join the competition. As the Asian economy is experiencing rapid growth, but also faces a series of problems such as population rise and environmental pollution, it is expected to increase investment in water treatment equipment in the next few years
according to the above insiders, companies such as kuritawaterindustriesltd, hyfluxltd, Hitachi and marubenicorp are potential bidders for Siemens water treatment technology companies, while large private equity companies such as KKR COLP, Bain and permira are also interested in this business
he Zaihua said that although the revenue capacity of Siemens' water treatment business is not particularly strong, the market laid out in the early stage can become a platform for the international development of bidding enterprises, so it is reasonable for enterprises from all countries to covet this business
he believes that in such a fierce market purchase form, it is expected that the price of bidding for Siemens' water treatment business is not cheap. China's domestic water treatment industry is a relatively mature field in the environmental protection industry, and has formed large backbone enterprises such as capital shares and Xingrong investment. However, its core technology is still underdeveloped, and it is less likely to participate in bidding
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