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Services :: Financial

Ecolab to Buy Mexican Water-Treatment Firm

1:15 PM MDT | September 28, 2012 | Vincent Valk

Ecolab has announced plans to purchase Quimiproductos, a maker of cleaning, sanitizing, and water treatment products, for $35 million. Quimiproductos sells mainly to the beverage and brewery markets in Mexico; the company also operates in Central and South America. The company is a subsidiary of Fomento Economico Mexicano (Monterrey, Mexico), a beverage holding company. "This acquisition will help us to build scale, strengthen our core product offerings, and improve service capabilities to our beverage processing customers in the fast-growing Latin America...

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