GE’s Bolze Sees Industrial Share Expanding Helped by Deals

General Electric Co.’s industrial businesses will consider takeovers as the company targets 70 percent of sales in the sector, according to the executive in charge of its unit that manufactures wind-, steam- and gas-powered electrical turbines.

“You will continue to see acquisitions, like you saw from GE just in the last three weeks,” said Steve Bolze, chief executive officer of GE Power & Water, in an interview on Bloomberg Television from the World Economic Forum in Davos, Switzerland today. “You will see some in Power & Water going forward.”