28 September 2012
Details
Ecolab Inc.,
has agreed to acquire
Quimiproductos S.A. de C.V. ,
a wholly owned subsidiary of
Fomento Economico Mexicano , S.A.B. de C.V. (FEMSA),
a Mexico-based multi-national company.
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Quimiproductos is a leading manufacturer and
provider of cleaning and sanitizing and
water treatment products and services to
beverage and brewery customers in Mexico.
Quimiproductos also operates in several
Central and South American countries.
Completion of the transaction is subject to
customary regulatory clearance and
other standard closing conditions.
Benefits to Ecolab
- The acquisition will help Ecolab
* to build scale,
* strengthen core product offerings and
* improve service capabilities to
beverage processing customers
to the fast growing Latin American region
- Ecolab looks forward to further developing relationships and
business in Latin America through this agreement
as well as through expanded sales and service capabilities.
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