NEWS RELEASE                                                                                        MARCH 2012 

Tyco Flow Control Merger with Pentair Creates a New Leader in Air/Water Treatment 

The McIlvaine Company in its Air/Gas/Water/Fluid Treatment and Control World Markets report has analyzed the merger activities of a number of companies who are seeking a larger share of this $323 billion industry.  The Tyco Flow Control/Pentair merger will create a new market leader with sales in this segment of $3.9 billion. Total revenues for the merged company are $7 billion but some of the other products such as heaters are not part of the defined market.

Top Five Fluid Treatment & Control Companies Prior to Merger

($ Millions)

Despite rising to the top position, the merged company will still have only a one percent share of the total market.

These rankings are based on products manufactured by companies and do not include products purchased and resold. There are a number of large system suppliers who purchase treatment and flow products as part of the systems which they sell. Siemens sells complete desalination systems. It builds billion dollar air pollution control systems for power plants. It is a major purchaser of pumps, fans, compressors, valves, etc.  If these purchases were to be included in the rankings there would be a new leader board.  In addition to Siemens, Hitachi, Mitsubishi, Doosan, Babcock & Wilcox and several other companies would be leaders.

The rankings are also changing due to lots of merger activity.  When Colfax acquired Howden it was the first major attempt to marry pumps with fans and compressors. The spin-off of Xylem actually eliminated ITT from the top spot but created a new leader.

For more information on Air/Gas/Water/Fluid Treatment and Control World Markets click on:  http://home.mcilvainecompany.com/index.php?option=com_content&;view=article&id=71