Ecolab Seeks Acquisition of BioquellNovember 30, 2018
Ecolab has made an offer to acquire Bioquell PLC, a provider of hydrogen peroxide vaper bio-decontamination systems and services for the life sciences and healthcare industries.
Headquartered in Andover, U.K., Bioquell’s 2017 sales were approximately US$37 million. Under the terms of Ecolab’s offer, Bioquell shareholders will receive 590 pence per share. If shareholders approve the transaction, it will close in the first quarter of 2019, subject to satisfaction of customary closing conditions and regulatory clearance.
With annual sales of US$14 billion and more than 48,000 associates, Ecolab, Inc. specializes in cleaning, sanitizing, food safety, and infection prevention products and services in more than 170 countries. For more information, visit www.ecolab.com.