Facebook Twitter Linkedin Youtube
Home > News > Ecolab to acquire select assets of Swisher Hygiene

Ecolab to acquire select assets of Swisher Hygiene

Ecolab Inc., a leading company in water, hygiene and energy technologies and services, has reached an agreement to acquire the U.S. operations of Charlotte, N.C.-based Swisher Hygiene Incfor approximately $40 million in cash. Swisher Hygiene provides hygiene and sanitizing solutions for the food service, hospitality, retail and healthcare markets. Sales in 2014 for the operations included in the agreement were approximately $176 million.

“This attractive transaction will expand our Institutional customer base and service coverage. The addition of Swisher Hygiene’s U.S. portfolio of independent restaurants complements Ecolab’s presence in national restaurant chains,” said Douglas M. Baker, Jr., Ecolab chairman and chief executive officer. “We look forward to welcoming Swisher Hygiene employees and customers to Ecolab, and growing with them as we work to make the world cleaner, safer and healthier.”

Share this article


Leave a Reply

Related Articles
ISSA members in Forbes list
Ecolab’s digital innovation center
ITALMATCH acquires the Chinese Jiayou Chemical from Ecolab Inc.
Ecolab obtains RP Adam & Arpal Gulf (Arpal Group)

Newsletter Image

Get all latest news articles straight to your inbox