GLV broadens its global horizons
- From: Vol 10, Issue 10 (October 2009)
- Category: General
- Region: Americas
- Country:
- Related Companies: GLV
The Canadian water treatment specialist faces an uphill battle to bring Christ Water’s margins in line with the rest of its business. Has it bitten off more than it can chew?
GLV Inc.’s impending take-over of Christ Water Technology will mark a key milestone in the Toronto-listed company’s bid to boost its annual revenues from Can$600 million to Can$1 billion within three years. The deal, which has the full support of Christ’s largest shareholder, Andreas Weissenbacher (whose WAB Trust holds a 27% stake), values the company ...
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