Jolly hockey sticks
- From: Vol 5, Issue 12 (December 2004)
- Category: Analysis
- Region: Americas
- Country: United States
- Related Companies: Betz (formerly BetzDearborn), Ecolochem, General Electric/Osmonics, Ionics, RWE/Thames (Water), Siemens, Suez, US Filter and Veolia
GE’s acquisition of Ionics is a challenge for the industry’s leaders.
GE does not go into businesses unless it can be market leader. By buying Ionics, it has signalled that it wants to be more than a leader in equipment supply. It want to be a leader in building and operating treatment plants as well. It is also a challenge to the existing market leaders, Veolia, Suez and RWE/Thames – can ...
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