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Stock impact report

Ovivo Completes the Sale of its Electronics Division to Ecolab and Starts a New Phase of Growth [Yahoo! Finance]

Ecolab Inc. (ECL) 
Last ecolab inc. earnings: 4/28 08:30 am Check Earnings Report
US:NYSE Investor Relations: investor.ecolab.com
Company Research Source: Yahoo! Finance
and its shareholder SKion Water GmbH ("SKion Water"), are pleased to announce the successful completion of the sale of Ovivo's Electronics division to Ecolab, a global sustainability leader offering water, hygiene and infection prevention solutions and services. As previously disclosed, the transaction is based on an enterprise valuation of approximately 2.4 billion Canadian dollars for the division. This transaction marks a significant milestone in Ovivo's history. It opens new perspectives and opportunities for the Electronics division within Ecolab's global platform, while spearheading a new phase of growth for Ovivo focused on its three operational pillars: the Municipal/Industrial/PFAS division, the Energy division, and the Cembrane SiC membrane division. "I want to sincerely thank all the employees of the Electronics division for their outstanding contributions throughout this remarkable growth journey over the past decade. Through teamwork and innovation, they have built wo Show less Read more
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