Danaher to Buy ChemTreat

Industrial conglomerate Danaher (Washington) says it has signed a definitive agreement to acquire water treatment chemical and service firm ChemTreat (Glen Allen, VA) for $435 million in cash, including transaction costs and net of cash acquired. ChemTreat, which focuses on boiler, cooling water, and industrial wastewater treatment, is privately held and has annualized sales of more than $200 million, Danaher...

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