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Ecolab Wades into Water Treatment with Bid for Nalco

12:18 PM MDT | July 22, 2011 | Robert Westervelt and Natasha Alperowicz

Baker: Water was a target opportunity. Ecolab has reached an agreement to acquire Nalco for $8.1 billion, in a bid to extend Ecolab’s leading franchise in industrial and institutional cleaning and sanitizing chemicals and services into water treatment. Nalco is the world’s leading water treatment company, focused on industrial, energy, and institutional market segments with sales of $4.3 billion last year. Nalco’s portfolio includes its $800-million paper chemicals business, and it is the global number three in that segment. The combined company...

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