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Sulzer to Strengthen Tower Field Service Activities in Germany with Acquisition of Manfred Preu Kolonnenservice (11/09/2009 , Media Release ) |
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On September 4, Sulzer Chemtech signed an agreement to acquire Manfred Preu Kolonnenservice in Germany. The purchase price is up to EUR 2.5 million (approximately CHF 3.8 million) depending on the future performance. Subject to the fulfillment of certain conditions, the closing of the acquisition is expected in September 2009. The annual sales of the business averaged approximately EUR 2.3 million (approximately CHF 3.5 million) over the past years. With this acquisition, Sulzer Chemtech will further expand its geographical presence as the leading global specialized tower field service provider. More | |
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Sulzer to Strengthen Tower Field Service Activities in India with Acquisition of SAB Technical Services (25/06/2009 , Media Release ) |
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Today, Sulzer Chemtech signed an agreement to acquire SAB Technical Services (India). The purchase price is up to USD 5.75 million (approximately CHF 6.3 million) depending on the future performance. Subject to the fulfillment of certain conditions, the closing of the acquisition is expected in July 2009. SAB’s annual sales is approximately USD 4 million (approximately CHF 4.4 million). With this acquisition, Sulzer Chemtech will further expand its geographical presence as a leading global specialized tower field service provider. More | |
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Acquisition of TowerTech Completed (10/03/2009 ) |
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In January, Sulzer has completed the acquisition of the TowerTech companies based in Australia, Thailand and Singapore, which was first announced in December 2008. The purchase price amounts to AUD 11 million (CHF 8 million). More | |
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