Ecolab Closes on Purchase of Latin America Food & Beverage Business

Ecolab Closes on Purchase of Latin AmericaFood & Beverage Business

ST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab Inc. announced it has closed on its previously announced purchase of Quimiproductos S.A. de C.V., a wholly-owned subsidiary of Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA") (NYS: FMX) , a Mexico-based multi-national company. With estimated 2012 revenue of $43.4 million, Quimiproductos is a leading manufacturer and provider of cleaning and sanitizing and water treatment products and services to beverage and brewery customers in Mexico; it also operates in several Central and South American countries. No further details were disclosed.

With 2011 pro forma sales of $11 billion and more than 40,000 employees, Ecolab Inc. (NYS: ECL) is the global leader in water, hygiene and energy technologies and services that provide and protect clean water, safe food, abundant energy and healthy environments. Ecolab delivers comprehensive programs and services to the food, energy, healthcare, industrial and hospitality markets in more than 160 countries. More Ecolab news and information is available at www.ecolab.com.

(ECL-A)

Ecolab Inc.
Michael J. Monahan, 651-293-2809
or
Lisa L. Curran, 651-293-2185

KEYWORDS: United States Mexico North America Central America Minnesota

INDUSTRY KEYWORDS:

The article Ecolab Closes on Purchase of Latin America Food & Beverage Business originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.