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November 6, 2013

AEA Investors to acquire Siemens Water Technologies

Dorothy Lozowski

AEA Investors LP (www.aeainvestors.com) has signed an agreement to acquire the municipal, industrial and services water- and wastewater-treatment operations and assets of Siemens Water Technologies (Alpharetta, Ga.; www.water.siemens.com), a part of Siemens Industry Sector, for EUR 640 million. The transaction is still subject to regulatory approval.
With more than 45 years of investing experience, AEA is a private equity partner to middle market companies. Working with AEA investment professionals and operating partners, the existing management under the leadership of CEO Dr. Lukas Loeffler is committed to remain to ensure continuity of the ongoing successful integration and optimization of Water Technologies’ operations and assets. Siemens AG acquired the company in 2004 and will continue oversight until change of control anticipated to be within the next few months.
Under AEA, the company will continue focus on municipal and industrial water and wastewater treatment equipment and services.
Note that Siemens Water Solutions, an integral part of the Oil & Gas Solutions business within the Siemens Energy Sector, is not being sold.

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