Ecolab offers to acquire laboratoires Anios
Ecolab Inc. said it has made a binding offer to acquire Laboratoires Anios from co-owners Bertrand and Thierry Letartre and private investment company Ardian. No other details were announced.
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. (dpa)
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