Ecolab Makes Binding Offer to Acquire Anios – A Leading European Healthcare and Hygiene Business
June 29 2016 - 8:30AM
Business Wire
Ecolab Inc. has made a binding offer to acquire Laboratoires
Anios from co-owners Bertrand and Thierry Letartre and private
investment company Ardian. Anios is a leading European manufacturer
and marketer of hygiene and disinfection products for the
healthcare, food service, and food and beverage processing
industries. Based in Lille, France, Anios has a presence in more
than 85 countries and employs approximately 700 people worldwide.
Sales were approximately €220 million ($245 million) in 2015.
The transaction is structured as a binding offer with
exclusivity protection to allow the sellers to consult with their
French works councils prior to entering into the definitive
purchase agreement. Once the definitive agreement is executed, the
transaction would remain subject to clearance by applicable
regulatory and competition authorities prior to closing. The
transaction is expected to close in late 2016, subject to
satisfaction of such contingencies. No other details were
announced.
Douglas M. Baker, Jr., Ecolab chairman and chief executive
officer, commented, saying, “Ecolab is committed to being the
global leader in providing hospitals and healthcare operators with
effective and innovative solutions for infection prevention and
hygiene. We are excited to join forces with Anios because of our
shared passion for this mission. Their innovative product line
expands the solutions we can offer while also providing a
complementary geographic footprint. Its presence in the food and
beverage processing and foodservice markets also complements ours.
We are pleased that CEO Bertrand Letartre and Managing Director
Thierry Letartre have agreed to remain with our combined
organization providing continued leadership of the acquired
business.”
Bertrand Letartre and Thierry Letartre commented, saying, “We
are very pleased to have the opportunity to partner with Ecolab.
The strength of the Anios brand combined with Ecolab’s global
footprint and leadership positions will help accelerate the growth
of our business. It will also create new and exciting career
opportunities for our employees and bring innovative solutions to
our customers”
About Ecolab
A trusted partner at more than one million customer locations,
Ecolab (ECL) is the global leader in water, hygiene and energy
technologies and services that protect people and vital resources.
With 2015 sales of $13.5 billion and 47,000 associates, Ecolab
delivers comprehensive solutions and on-site service to promote
safe food, maintain clean environments, optimize water and energy
use and improve operational efficiencies for customers in the food,
healthcare, energy, hospitality and industrial markets in more than
170 countries around the world. For more Ecolab news and
information, visit www.ecolab.com.
Follow us on Twitter @ecolab or Facebook at
facebook.com/ecolab.
About Laboratoires Anios
Laboratoires Anios has been producing disinfection products
since 1898 and is a leader in the European hygiene market. Based in
France, the company has more than 700 employees serving customers
in more than 85 countries, including hospitals, clinics and medical
offices; cosmetics, pharmaceutical and food and beverage
manufacturers; and lodging and catering facilities.
(ECL-A)
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Ecolab Inc.Michael J. Monahan, 651-250-2809
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