by Shane Henson — July 27, 2011—Ecolab Inc. and Nalco Holding Company announced they have approved an agreement under which Nalco will merge with a subsidiary of Ecolab in a transaction valued at approximately $8 billion, including assumed Nalco net debt. The transaction is expected to close in the fourth quarter, subject to customary closing conditions, regulatory clearance, and approval of both Ecolab and Nalco shareholders.
With more than 26,000 associates, Ecolab is a global leader in cleaning, sanitizing, food safety and infection prevention products and services. The company delivers comprehensive programs and services to foodservice, food and beverage processing, healthcare, and hospitality markets in more than 160 countries.
Based in Naperville, Illinois, with operations in more than 150 countries, Nalco delivers environmental, social and economic performance benefits to customers through value-added services in water treatment and management, pollution reduction programs, energy conservation, and oil and gas extraction efficiency and sustainability offerings.
