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Chemical Week Magazine :: Specialty Chemicals
Ecolab’s Champion purchase will exclude water service unit
7:22 AM MST | December 14, 2012 | —Vincent Valk
Ecolab says the downstream process and water service business of Champion Technologies will be spun off to Champion’s current owners prior to the completion of the previously announced acquisition of Champion. Ecolab believes the move “will eliminate a potential area of concern during the Department of Justice’s review,” a spokesperson says. The department reviews mergers in the United States for possible violations of antitrust laws. "The downstream business that will no longer be retained by Ecolab is small," says David...
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