Press Release - Bilfinger.pdf - Johnson Screens

Press ReleaseJanuary 18, 2013Bilfinger has signed an agreement to acquire American water technologyspecialists Johnson Screens:Bilfinger Water Technologies will become a leading global providerin the water and wastewater businessEngineering and services group Bilfinger has signed an agreement toacquire American water technology specialists Johnson Screens.Combining these activities with activities that already exist in the Groupleads to the creation of a leading global supplier of components andservices in nearly all areas of water and wastewater technology. Thecompany, which is based in New Brighton, Minnesota, was founded in1904 and generates an annual output volume of about €160 million with1,200 employees and achieves attractive margins. The acquisition allowsBilfinger to not only double its output volume in the water and wastewatersector to over €300 million, but also to further increase the strongprofitability in this sector.Bilfinger SECarl-Reiss-Platz 1-568165 MannheimGermanyContactSascha BambergerPhone +49 621 459-2455Fax +49 621 459 -2500sascha.bamberger@bilfinger.comwww.bilfinger.comAt eleven locations around the world, Johnson Screens producesmechanical components for the separation of solids from liquids andgases and provides associated services. The products are used fordrinking water extraction, in the oil and gas industry and in other industrialsectors for wastewater treatment and resource reclamation. Thecompany's most important markets are North America, Europe and theAsia-Pacific region.Weatherford International Ltd., a global leader in oil and natural gasequipment and services, is focusing on its core business and is thereforeparting with its water technology activities. The two parties have agreednot to disclose details of the purchase price. The acquisition is subject toapproval from the relevant antitrust authorities. The management ofJohnson Screens welcomes the acquisition and will remain with thecompany.../2Bilfinger SE is a leading international engineering and services group. With the comprehensivetechnological expertise and experience of its more than 65,000 employees, the company offers customizedservices for industrial facilities, power plants, real estate and infrastructure. Bilfinger generates an annualoutput volume of approximately €8.5 billion in its Industrial, Building and Facility, Construction andConcessions business segments.

- 2 -Upon completion of the acquisition of Johnson Screens, Bilfinger will gainaccess to new markets and manufacturing capacities in important growthregions. Both the product lines and the geographical presence ideallycomplement existing Group activities, leading to synergies in technologyand sales.The acquisition of Johnson Screens will allow Bilfinger to continue itsgrowth strategy in the field of water and wastewater technology. In the fallof 2011, the Group acquired Diemme, a specialist manufacturer ofchamber filter presses based in Lugo, Italy.