Siemens 2006 Annual Report Download - page 20
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Fit4More
20
Highlights –
Acquisitions in fiscal 2006
• Kühnle, Kopp & Kausch* (Germany) will
boost Power Generation’s product port-
folio in the industry sector.
• Bayer Diagnostics* and Diagnostic Prod-
ucts Corporation (U.S.) will strengthen
Medical Solutions’ position in the growth
markets for molecular diagnostics and
immunodiagnostics.
• The technology and engineering activi-
ties of the Sustec Group (Switzerland)
have expanded Power Generation’s pow-
er plant business to include products and
solutions for coal gasification.
• Electrium (UK) has boosted Automation
and Drives’ position in electrical installa-
tion technology in the UK.
• Wheelabrator Air Pollution Control, Inc.
and Advanced Burner Technologies, Inc.
(U.S.) have extended Power Generation’s
array of emission-reducing products and
services.
• CNC Water Technologies, Inc. (China),
Sernagiotto Technologies S.p.A. (Italy)
and Monosep Corporation (U.S.) have
enabled Industrial Solutions and Services
to round out its range of solutions for
water and wastewater treatment.
What does the acquisition of
Wheelabrator Air Pollution Con-
trol, Inc. mean for Siemens?
Wheelabrator’s products and
systems for monitoring and
reducing the emissions of coal-
fired power plants will enable
us to help our customers meet
their power needs with highly
efficient, cost-effective and eco-
friendly solutions.
* Initiated
our leading position in the growth mar-
kets of Central and Eastern Europe –
where we’re now driving consolidation in
the power transmission and distribution
sector.
By continuing to strengthen our posi-
tion in key future markets, we boosted
our sales 16 percent in fiscal 2006.
On track for long-term profitability
Our goal is to achieve high profitability as
well as growth. All our Groups are obligat-
ed to reach their target margins – not just
once but also over the long term. Even
those that haven’t yet succeeded have
shown substantial improvement. We’re
confident that all our Groups will be on
target by the end of the second quarter
of fiscal 2007.