两家公司 目前正在沟通谈判中,
基本的方式是两家都把自己的过滤/软化阀门部门从目前公司里分割出来,然后合资成立一个新公司,.新公司将同时拥有Fleck和Autotrol,在新公司中Pentair占80%,GE占20%(这个比例来自于他们去年的销售业绩).两个企业都不需要实际投入资金.只是一种分割组合游戏.但是这样的话这两个品牌就不会轻易打架罗..
http://phx.corporate-ir.net/phoenix.zhtml?c=105908&;p=irol-newsArticle&ID=1151062
Pentairand GE Water & Process Technologies Announce PreliminaryDiscussions Regarding Formation of Global Residential Water TreatmentJoint Venture MINNEAPOLIS--(BUSINESS WIRE)--May 28, 2008--Pentair, Inc. (NYSE NR) and GE Water & Process Technologies (NYSE: GE) announced todaythat they are engaged in discussions to establish a joint venture tocombine their respective global water softener and residential waterfiltration businesses. Under the current framework in discussion,Pentair would own approximately 80 percent of the joint ventureinterests, and GE Water & Process Technologies would own approximately20 percent. The combined businesses had 2007 net sales ofapproximately $450 million. It is not currently contemplated thatsignificant cash contributions would be required from either party toform the joint venture.
The parties to the discussion believe that this joint venturecreates significant sales growth opportunities and other operatingsynergies, and would accelerate the global development of innovativetechnologies to serve the residential water filtration and treatmentmarket.
In keeping with Pentair's established corporate policy, thecompany will not comment further upon the status of these discussionsuntil they are concluded.
Caution Concerning Forward-Looking Statements
Any statements made about the company's anticipated financialresults are forward-looking statements subject to risks anduncertainties such as the company's ability to enter into definitiveagreements for and complete any potential joint venture, includingobtaining regulatory approvals, and the risk that expected synergiesmay not be fully realized or may take longer to realize than expected,as well as other risk factors set forth in our SEC filings.Forward-looking statements included herein are made as of the datehereof, and the company undertakes no obligation to update publiclysuch statements to reflect subsequent events or circumstances. Actualresults could differ materially from anticipated results.
About Pentair, Inc.
Pentair (www.pentair.com) is a diversified operating companyheadquartered in Minnesota. Its Water Group is a global leader inproviding innovative products and systems used worldwide in themovement, treatment, storage and enjoyment of water. Pentair'sTechnical Products Group is a leader in the global enclosures andthermal management markets, designing and manufacturing thermalmanagement products and standard, modified, and custom enclosures thathouse and protect sensitive electronics and electrical components.With 2007 revenues of $3.30 billion, Pentair employs approximately16,000 people worldwide.
CONTACT: Pentair, Inc.
Todd Gleason, 763-656-5570
Vice President, Investor Relations
E-mail: todd.gleason@pentair.com
or
Rachael Jarosh, 763-656-5280
Vice President, Corp. Communications
E-mail: rachael.jarosh@pentair.com
SOURCE: Pentair, Inc.
=====================
Pentair, Inc. and GE Water & Process Technologies, a unit of the General Electric Company, have announced a joint venture to combine their respective global water softener and residential water filtration businesses. With GE’s and Pentair's industry-leading technologies and Pentair’s expansive distribution channels, the joint venture will provide reliable and affordable water treatment solutions to meet growing needs. “With the formation of this joint venture, Pentair and GE will be better positioned to serve residential customers with industry-leading technical applications in the areas of water conditioning, whole house filtration, point-of-use water management and water sustainability,” said Randall. J. Hogan, Pentair chairman and chief executive officer. “Further, this joint venture advances Pentair’s current residential filtration strategy for growth. We believe we will accelerate revenue growth by selling GE’s existing residential conditioning and treatment products through Pentair’s sales channels, by gaining access to some of GE’s current and emerging filtration technologies.” Under the terms of the agreement, Pentair has an 80% ownership stake and GE has a 20% stake of the joint venture—Pentair Residential Filtration. In 2007, the combined residential and commercial net sales of the parent companies were approximately $450 million. “We are excited about the growth opportunities this unique partnership brings our business,” said Jeff Garwood, president and CEO, GE Water & Process Technologies. “Partnerships such as this one create an excellent opportunity to develop and introduce new technologies that will meet the needs of both developed and emerging markets. It is also another example of how GE continues to partner with industry leaders to drive growth while meeting the world’s most pressing water needs.” Pentair Residential Filtration will serve as the primary sales channel for Pentair’s and GE’s respective global residential water filtration and water softener businesses. It will also serve as the manufacturing arm for residential and commercial tanks, valves and some limited filtration products for the parent companies. Pentair and GE will continue to serve existing municipal, commercial and industrial water treatment customers separately, sourcing select products from the joint venture as needed. Pentair Residential Filtration will bring together approximately 1,100 employees from Pentair and GE in 15 facilities in the U.S., Europe and China. Pentair also said it will share additional information regarding the joint venture when it announces its second quarter results on July 22, 2008.
|
|Archiver|手机版|小黑屋|水易网[水处理技术论坛]
( 京ICP备05078561号 )
发表于 2008-5-29 09:06
发表于 2008-5-29 09:18
