26.11.2012 – Siemens has decided to reorganize its activities in the water business. The company intends to focus in the future on automation and drive solutions for the control of water applications for municipalities and industry. The Business Unit known as Siemens Water Technologies, which offers solutions for municipal and industrial water purification and wastewater treatment, is to 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,“ said Siegfried Russwurm, member of the Siemens AG Managing Board and CEO of the Industry Sector. Siemens Water Technologies is active predominantly in the North American market and recently underwent a comprehensive restructuring. Strengthening Siemens‘ core activities is one of the five main action fields in the corporate program „Siemens 2014“.
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