Ecolab Divests Oilfield Equipment Fabrication SegmentFebruary 6, 2018
Ecolab, Inc. has divested its Fab-Tech business unit to Dragon Products Ltd.
Casper, WY-based Fab-Tech designs, engineers, and fabricates oilfield equipment. The division posted approximately US$20 million in sales last year. Financial details of the transaction were not disclosed.
With annual sales of US$6 billion and more than 26,000 associates, Ecolab, Inc. specializes in cleaning, sanitizing, food safety, and infection-prevention products and services in more than 160 countries. For more information, visit www.ecolab.com.