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People & Business :: M&A

Ecolab Expands in Brazil

8:29 AM MST | March 8, 2012 | Rebecca Coons

 Ecolab says it has acquired Econ Indústria e Comércio de Produtos de Higiene e Limpeza Ltda. (Econ Indústria; Sao Paulo, Brazil), a provider of cleaning and sanitizing products and services to the Brazilian foodservice industry. Financial terms of the deal were not disclosed. Econ Indústria's annual sales are approximately $9 million, Ecolab says.  “Econ operates a very similar business model to our own and serves a similar customer base in the expanding Brazilian foodservice market," says...

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