Completion of the transaction is expected to occur upon receipt of regulatory clearance. No other details were publicized.
“Australia is a strong and stable market for Ecolab, and this acquisition complements our existing Australian business very well,” said Douglas Baker Jr., Ecolab’s chairman, president and chief executive officer. “It will expand our customer base, improve our positions in our food and beverage processing, foodservice, hospitality and textile care businesses, and create opportunities to offer our water care and pest elimination services to additional customers.”
Ecolab Inc., with sales of $6 billion and more than 26,000 employees, said it is the global leader in cleaning, sanitizing, food safety and infection-prevention products and services. It delivers comprehensive programs and services to foodservice, food and beverage processing, healthcare and hospitality markets in more than 160 countries.