Ecolab Inc. announced it has closed on its previously announced purchase of Quimiproductos S.A. de C.V., a wholly-owned subsidiary of Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX), a Mexico-based multi-national company. With estimated 2012 revenue of $43.4 million, Quimiproductos is a leading manufacturer and provider of cleaning and sanitizing and water treatment products and services to beverage and brewery customers in Mexico; it also operates in several Central and South American countries. No further details were disclosed.
With 2011 pro forma sales of $11 billion and more than 40,000 employees, Ecolab Inc. (NYSE: ECL) is the global leader in water, hygiene and energy technologies and services that provide and protect clean water, safe food, abundant energy and healthy environments. Ecolab delivers comprehensive programs and services to the food, energy, healthcare, industrial and hospitality markets in more than 160 countries. More Ecolab news and information is available at www.ecolab.com.