Christ: the last water pureplay
- From: Vol 7, Issue 4 (April 2006)
- Category: General
- Region: Europe
- Country: Switzerland
- Related Companies: BWT Group, Christ Water Technology, General Electric (GE), KF Service GmbH, Siemens, Tenergy, Ultrapure Water and Zenon Environmental
The Swiss water treatment company would be a perfect fit for GE or Siemens, but chief executive Karl Michael Millauer has other plans.
In the week following GE\'s bid for Zenon, Swiss-based Christ Water Technology saw its share price rise 40% to €14. The logic of the markets is faultless: with Zenon out of the picture, there is only one truly desirable water process company left to buy: Christ.
The company, founded by Theodore Christ (pronounced to rhyme with “wrist”) in 1939 ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
