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ITT Ends Stock Purchase Of German Water Treatment Firm
April 1, 2004
ITT Industries announced that it has purchased 88.06 percent of WEDECO Aktiengesellschaft Water Technology, a manufacturer of ozone oxidation and ultraviolet disinfection equipment based in Düsseldorf, Germany. It will become a part of the Sanitaire division of ITT's Fluid Technology group based in Charlotte, N.C.
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