From 1 January 2014, Sulzer will have three divisions: Pumps Equipment; Services and Chemtech.
The Pumps Equipment division will cover new pumps and related systems, including spares.
Within the Pumps Equipment division, three regional business units will offer engineered pumps for the oil and gas and the power markets. A new Water business unit will integrate the wastewater pumps business, engineered pumps for water transport and production, and process pumps for general industry.
Sulzer Turbo Services will be combined with the service activities for pumps into a new Services division, creating a leading provider of services for rotating equipment.
Sulzer’s new Services division will combine the services for turbines, compressors, motors and generators currently provided by Sulzer Turbo Services with the services for pumps currently provided by Sulzer Pumps. With annual sales of approximately CHF800 million, the Services division will have around 100 service locations worldwide.
Sulzer’s Chemtech division will remain unchanged.
Sulzer CEO Klaus Stahlmann said: “The new operational structure with a Services division and a Water business unit is a next important step in the implementation of our strategic decision to focus the company’s activities in three attractive key markets - oil and gas, power and water. Integrating all services for rotating equipment into one division will help us to increase sales and improve profitability. The integrated Water business unit will strengthen our position for profitable growth in the large and attractive water market. Together with the Pumps Equipment division and Chemtech, Sulzer will be a leading supplier of both equipment and services for our three key markets.”