Press release from Business Wire
Ecolab to Acquire Purate Business from AkzoNobel
Wednesday, April 24, 2013
Ecolab to Acquire Purate Business from AkzoNobel08:00 EDT Wednesday, April 24, 2013
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.
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.
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Michael Monahan, 651-293-2809
Lisa Curran, 651-293-2185