Squaring up to a growing market

Siemens, GE, ITT, Pentair and Danaher are all betting on water. Where will it take them?

Suddenly, every self-respecting industrial conglomerate wants a slice of the water industry. Over the past year we have seen ITT buy Wedeco, Pentair buy Wicor, Siemens buy US Filter, Danaher buy Trojan, and GE buy Ionics. What does this say about the water industry?

US Filter chief executive Andy Seidel believes it is a cyclical trend. “It is amazing, like ...

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