The business consisted of a large collection of very loosely merged companies active in a loss-making engineering segment serving municipalities, and a profitable yet unfocused industrial services segment combined with proprietary failed technologies that had to be cut off. After executing a very successful turnaround of the business, the company became the worldwide leader in delivering water and wastewater solutions for water treatment, doubling its profits.

Situation

Complex carve-out

Business

Leading provider of water and wastewater equipment and services for municipalities and industrial companies