Online News--ITT Industries, Inc. to Acquire Assets of PCI Membranes
February 18, 2003
ITT Industries, Inc. announced that it has acquired the assets of PCI Membranes from Thames Water. The PCI Membrane products complement ITT Industries Fluid Technology's pumps, mixers, aeration equipment and wastewater process systems, and will provide significant expansion opportunities for ITT Industries' Sanitaire in the growing filtration and disinfection segments. Terms of the transaction were not disclosed.