Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg News

Siemens Plans Water Treatment Business Sale After Solar Pullout

November 08, 2012

Siemens AG (SIE), the biggest engineering company in Europe, said today that it plans to sell part of its water business that generates about 1 billion euros ($1.27 billion) a year in sales.

The announcement on the day Siemens reported net income from continuing operations fell 2 percent in the quarter ending Sept. 30 comes after the Munich-based manufacturer last month said it was pulling out of the solar business to focus on its core operations.

The Siemens Water Technologies division includes wastewater, municipal and industrial water purification services and membrane filtration systems. The business has 4,500 employees, 3,000 of them in North America and 600 in Asia.

Siemens said it intends to keep its water pump business. The water technologies business was formerly part of U.S. Filter Corp.

To contact the reporter on this story: Richard Weiss in Frankfurt at

To contact the editor responsible for this story: Randall Hackley at

blog comments powered by Disqus