2008

Stockholding Notification of Fidelity

In compliance with the Swiss Federal Act on Stock Exchanges and Securities Trading and the associated ordinances, Fidelity International notified Sulzer Ltd about its changed holding.

Sulzer to Strengthen Tower Field Service Activities in Australia and Asia

Sulzer Chemtech has signed on December 19, 2008 an agreement to acquire the TowerTech companies based in Australia, Thailand, and Singapore for a purchase price of AUD 11 million (CHF 8 million). Subject to the fulfillment of certain contractual conditions, the closing of the acquisition is expected ...

Acquisition of Turbo Service Provider Capime Completed

Sulzer has completed the acquisition of Capime, the privately owned turbo machinery service-provider based in Argentina, which was first announced in August.

Stockholding Notification of Fidelity

In compliance with the Swiss Federal Act on Stock Exchanges and Securities Trading and the associated ordinances, Fidelity International notified Sulzer Ltd about its changed holding.

Order Intake Increased to CHF 3.3 Billion

Sulzer reports a high order intake of CHF 3 330.9 million for the first nine months of 2008. This represents an adjusted¹ increase of 13.1% and a nominal growth of 4.8% compared with the same period in the previous year. The order intake increase was driven by Sulzer Pumps, which achieved ...

Sulzer and Saudi Aramco Sign a Strategic Ten Year Supply Agreement

Sulzer announced today that it is the first company to negotiate and sign a Strategic Corporate Procurement Agreement (CPA) with Saudi Aramco, the world's largest oil producing company. The agreement was signed in the Kingdom of Saudi Arabia by Ton Büchner, CEO Sulzer and Kim Jackson, President Sulzer ...

Sulzer Turbo Services to Expand Presence in South America

Sulzer has signed an agreement to acquire the privately owned turbomachinery service-provider Capime. The company is based in Argentina and serves customers across South America. It achieved sales of approximately CHF 13 million in 2007 and employs around 90 persons. With this acquisition, Sulzer Turbo ...

Operating Income Increased by 28%

In the first half of 2008, Sulzer continued its successful development. In overall strong markets, the company further increased order intake, sales, operating income (EBIT), net income, and cash flow despite substantial negative currency effects. Return on sales significantly increased to 12.9%. The ...

Sulzer Publishes Sustainability Summary 2008

Sulzer released today its third full sustainability summary. The external auditor SGS confirmed its highest application level A+ of the Global Reporting Initiative. A systematic report, case studies, and comprehensive figures for all three dimensions of sustainability show that Sulzer has achieved or ...

Sulzer Appoints New Division President Sulzer Metco

Sulzer has appointed César Montenegro, currently Head of the Business Area North America of Sulzer Pumps, as new division president of Sulzer Metco and member of the executive committee of Sulzer. César Montenegro has a long and successful track record with Sulzer. He will assume his new role in mid-August ...

Order Intake Increased to CHF 2 3 Billion

Sulzer is reporting a high order intake of CHF 2 265.9 million for the first six months of 2008. This represents an adjusted1 increase of 14.9% and a nominal growth of 6.2% compared with the first half of the previous year. The order intake increase was driven by Sulzer Pumps, which achieved very strong ...

Sulzer Awarded Major Power Projects in China

Sulzer Pumps has been awarded a major order for a total of 36 pumps for the Hongyanhe and Ningde nuclear power plants in China.

Change in the Executive Committee of Sulzer

Stockholding Notification of the Renova Group and Sulzer Ltd

In accordance with the ordinance of the Takeover Chamber of the Swiss Federal Banking Commission (SFBC) dated 29 May 2008, Rz (40) to (50), the Renova Group and Sulzer Ltd are to be considered a group for the purpose of disclosures of shareholdings within the meaning of Art. 15 SESTO-SFBC. Both parties ...

Sulzer Intends to Acquire Bekaert’s Diamond-like Carbon Coatings Activities

Sulzer and Bekaert, based in Kortrijk, Belgium, today announced their intention to sign a takeover agreement for Bekaert’s diamond-like carbon (DLC) coating activities. With its leading DLC technology, Bekaert achieved sales of over EUR 15 million (over CHF 24 million) in 2007. The intended acquisition ...