Ecolab Buys UK Contamination Control Products Company
biz.yahoo.com
Friday June 16, 8:30 am ET
ST. PAUL, Minn.--(BUSINESS WIRE)--June 16, 2006--Ecolab Inc. announced today that it has purchased Shield Medicare Ltd. Shield, based in Farnham, United Kingdom, is a leading European developer, manufacturer and marketer of contamination control products used in pharmaceutical, medical device and hospital clean rooms. It has sales of approximately $19 million. No further details regarding the transaction were announced.
Douglas M. Baker, Jr., Ecolab's Chairman, President and Chief Executive Officer, commented, stating, "With its established position in the fast-growing clean room market, Shield will significantly enhance our European offering in healthcare and provide further product breadth as we work to help customers better meet rapidly increasing standards in pharmaceutical and medical device manufacturing processes. Further, the similarities between our two companies' direct sales and service approach, emphasis on customer service and focused product innovation should result in a seamless integration and bolster our Circle the Customer growth prospects in the healthcare infection control market." |
