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Ecolab Closes on Sale of Holchem Group Limited
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Ecolab Inc. today closed on the sale of Holchem Group Limited, a U.K.-based supplier of hygiene and cleaning products and services, to Kersia, a biosecurity and food safety company.
Ecolab’s acquisition of Holchem in December 2018 was subject to clearance by the U.K. Competition and Markets Authority (CMA), and the CMA ruled against the acquisition. Both businesses continued to operate separately during the CMA’s review.
The CMA has approved Kersia’s acquisition of Holchem from Ecolab.
Holchem’s 2018 sales were approximately £47 million ($57 million). No further details were announced.
About Ecolab
A trusted partner at nearly three million commercial customer locations, Ecolab (ECL) is the global leader in water, hygiene and infection prevention solutions and services. With annual sales of $15 billion and 50,000 associates, Ecolab delivers comprehensive solutions, data-driven insights and personalized service to advance food safety, maintain clean environments, optimize water and energy use, and improve operational efficiencies and sustainability for customers in the energy, food, healthcare, hospitality and industrial markets in more than 170 countries around the world. www.ecolab.com
Follow us on Twitter @ecolab, Facebook at facebook.com/ecolab, LinkedIn at Ecolab or Instagram at Ecolab Inc.
(ECL-C)
View source version on businesswire.com: https://www.businesswire.com/news/home/20200528005798/en/
