Ecolab Acquires Chinese Water Treatment

240 Views

Ecolab Inc., has acquired Jianghai Environmental Protection Co. Ltd., an industrial water treatment company headquartered in Changzhou

Jianghai provides water treatment technologies, chemistries and services to several industries in China, including customers in power and chemicals. Jianghai has more than 550 employees and operates two manufacturing plants in Changzhou. In 2014, the company had sales of $90 million. No further details were announced.

The acquisition complements Ecolab’s current industrial water treatment offerings under the Nalco name, and strengthens the company’s long-term growth opportunities in the increasingly water-stressed China market.

“Jianghai’s excellent reputation, size and product and service offerings complement and expand our water treatment business in China. Both companies are known for their service-oriented, problem-solving approach to optimizing customer operations and profitability,” said Ecolab Chairman and CEO Douglas M. Baker, Jr.

Ecolab will continue to serve customers in China through both Jianghai and Nalco.

Source: Business Wire

Read More Related Content On This Topic - Click Here

Support
Please feel free to submit your feedback below
Feedback

CAPTCHA
Image CAPTCHA
Enter the characters shown in the image.