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.
(ECL-A)
