TowerTech – Sulzer Chemtech

Group ReleasesThursday, February 05, 2009

In January, Sulzer has completed the acquisition of the TowerTech companies based in Australia, Thailand and Singapore, which was first announced in December 2008. The purchase price amounts to AUD 11 million (CHF 8 million).

TowerTech averages annual sales of approximately AUD 10 million (CHF 7.5 million) and will be integrated into the Sulzer Chemtech division. With this acquisition, Sulzer Chemtech will expand its geographical presence as a leading specialized tower field service supplier.