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Voith Siemens Hydro acquires Kössler



12. November 2007

In order to further expand Small Hydro activities, Voith Siemens Hydro and the Austrian Small Hydro enterprise of Kössler - subject to the approval of antitrust authorities - agreed on the acquisition of Kössler through Voith Siemens Hydro.

Product portfolio and global spread of both companies complement each other extremely well and will - after their merging - embrace much more than just the addition of two companies. Combining 80 years of Kössler´s Small Hydro experience with 140 years of Voith Siemens Hydro business expertise makes us look forward to continued trustful and reliable relationship with you. The bundling of both companies´ experties will result into even increased service for our customers.

Our common goal is to deliver first-class machines and complete Small Hydro plants on the basis of common know-how and enlarged global operations.