CORPORATE STRATEGY
- From: Vol 12, Issue 7 (July 2011)
- Category: Need to know
- Region: Europe
- Country: Spain
- Related Companies: Acciona Agua, Aquatech, Chembond Chemicals, IVRCL, Nalco and Suez
Pennsylvania-based Aquatech International has bought Indian chemicals company WEX Technologies.
The deal gives Aquatech a route into the fast-growing Indian boiler feedwater treatment chemicals market. Elsewhere in the world, fusing a chemical supply business with an equipment supply business has been a recipe for disaster. For example, USFilter tried a joint venture with Nalco, Suez Environnement went as far as buying Nalco; GE tried to get the Betz chemicals sales ...
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