Ecolab acquires Purolite
Ecolab acquired Purolite Corporation (Purolite) for $3.7 billion in cash in 2021. Purolite is a global provider of purification and separation solutions for critical industrial markets such as biopharma, life sciences, microelectronics, nuclear power, food and beverage and others. The business combination is expected to add complementary and very high margin product and service solutions to Ecolab’s current portfolio. Additionally, the purchase is slated to expand its capabilities in industries that are complementary to its current product line. Purolite operates in more than 30 countries and is expected to generate net sales of $400.0 million in 2021.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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