Clariant concludes divestment of its Water Treatment Business in Latin America to Ecolab

07-Apr-2015 - Brazil

Clariant has concluded the divestment of its water treatment Business located in Brazil, Argentina and Colombia to Ecolab Inc. In Colombia, the transaction will be in effect as soon as it is approved by local regulatory authorities. The negotiation does not include the Oil & Gas / Refinery industry, which continues to be served by Clariant Business Unit Oil and Mining Services, which supplies treatment packages through its Refinery Services business line. This transaction, which began in late 2014, is a result of Cariant portfolio management process, based on its profitable growth strategy. For Ecolab’s Water & Process Services (WPS) division, the acquision expands and strengthens its presence in industrial water treatment market in Latin America.

https://www.chemeurope.com/en/news/152325/clariant-concludes-divestment-of-its-water-treatment-business-in-latin-america-to-ecolab.html