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About BWT

""BWT was founded in 1990 through a management buy-out of the Benckiser Group, Ludwigshafen (Germany). Today, it is the leading European water technology group with 63 subsidiaries and associates.

The BWT Best Water Technology Group has dedicated itself to take on responsibility for the entire water cycle – from the source back to earth – and is offering customized, sustainable solutions in the areas of drinking water, swimming pool water, process water, ultra pure water, and waste water.""
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Press releases from BWT

BWT subsidiary CHRIST acquires Waterman Purification Ltd, Dublin, and expands its market presence in the pharmaceutical industry

 

26.03.2004

BWT – Best Water Technology Group, Austria, has taken another important step towards extending its worldwide professional care of its international and domestic clients in the pharmaceutical industry industry through the acquisition of Waterman Purification Ltd, Dublin, Ireland.

CHRIST Water Technology (CWT), a subsidiary of BWT, acquires 74% of Waterman Purification Ltd as of March 31, 2004, subject to approval by the anti-trust authorities. The company has been successfully active in the pure and ultra-pure water treatment for the pharmaceutical industry. Waterman Purification Ltd has been established in 1986 and has become a leading supplier for the Irish pharmaceutical water purification market. A team of 25 employees achieves a turnover of €4 million.

Waterman Ltd. will be operating under “CHRIST–Waterman”. In addition to its domestic activities in Ireland, the company will be servicing the British Market in cooperation with its sister company CHRIST-Kennicott Ltd which is based in Wolverhampton, UK.

Paddy Archer, founder and CEO, will continue to head to company and strongly believes in the new cooperation, “Waterman´s leading technologies will ideally be supplemented by the innovative CHRIST Water Technology´s ultra-pure water purification systems.”

CHRIST Water Technology, member of the BWT Best Water Technology Group, is among the world´s leading specialists in the supply of ultra-pure water purification systems in the pharmaceutical industry.


More information is provided under www.bwt-group.com or www.christwater.com

For further information contact:

BWT AG
A-5310 Mondsee, Austria
Walter-Simmer-Straße 4
Tel. +43 6232 5011-1113
Fax. +43 6232 5011-1191
E-mail investor.relations@bwt.at
Internet: www.bwt-group.com

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