ST. PAUL, Minn.--(BUSINESS WIRE)--
Ecolab Inc. has reached an agreement to acquire AkzoNobel's Purate®
business, which specializes in global antimicrobial water
treatment technology. With 2012 revenue of approximately $23 million,
the Purate business provides patented, proprietary chlorine dioxide
programs for use in a wide array of water treatment applications.
Completion of the transaction is subject to customary regulatory
clearances and other standard closing conditions.
"Chlorine dioxide is recognized as an excellent antimicrobial agent to
control biologic growth primarily in cooling towers and a wide variety
of other industrial water treatment applications," said Timothy Mulhere,
Ecolab executive vice president and president, Global Water and Process
Services. "Purate's patented technologies complement our offerings
globally, including our 3D TRASAR® technology programs, which
help address our customers' needs for clean water within industrial
manufacturing and lower total cost of operations."
3D TRASAR technology combines chemistry, remote services and
sophisticated monitoring and controls to improve a range of industrial
operations to help customers reduce water use, improve energy efficiency
and lower total cost of operations. 3D TRASAR cooling water technology
has been recognized with a United States Presidential Green Chemistry
Award. To learn more about 3D TRASAR technology, visit www.nalco.com/services/3d-trasar.htm.
About Ecolab
A trusted partner at more than one million customer locations, Ecolab
(ECL) is the global leader in water, hygiene and energy technologies and
services that protect people and vital resources. With 2012 sales of $12
billion and 41,000 associates, Ecolab delivers comprehensive solutions
and on-site service to promote safe food, maintain clean environments,
optimize water and energy use and improve operational efficiencies for
customers in the food, healthcare, energy, hospitality, commercial
laundry and industrial markets in more than 170 countries around the
world.
For more Ecolab news and information, visit www.ecolab.com.
Follow us on Twitter @ecolab or Facebook at facebook.com/ecolab.
(ECL-C)
Ecolab
Investor Contacts:
Michael Monahan, 651-293-2809
or
Lisa
Curran, 651-293-2185
Source: Ecolab Inc.
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