M&A Deal Summary |
|
|---|---|
| Date | 1997-12-10 |
| Target | Grace-Lee Products - Specialty Chemical Business |
| Sector | Chemicals |
| Buyer(s) | Ecolab |
| Sellers(s) | Grace-Lee Products |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1923 |
| Sector | Environmental |
| Employees | 48,000 |
| Revenue | 15.3B USD (2023) |
Ecolab is a provider of water, hygiene, and energy technologies and services. The Company serves businesses in the foodservice, food processing, hospitality, healthcare, industrial, and oil and gas markets. Ecolab was founded in 1923 and is based in St. Paul, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 53 |
| Sector (Chemicals) | 4 of 22 |
| Type (Divestiture) | 2 of 9 |
| State (Minnesota) | 1 of 3 |
| Country (United States) | 3 of 31 |
| Year (1997) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1997-10-02 |
Gibson Chemical Industries
Melbourne, Australia Gibson Chemical Industries Ltd., is a manufacturer and marketer of cleaning and sanitizing products, primarily for the Australian and New Zealand institutional, healthcare and industrial markets |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-05-18 |
GCS Service
Indianapolis, Indiana, United States GCS Service, Inc., a provider of commercial kitchen equipment repair services. |
Buy | - |
Grace-Lee Products, Inc. a manufacturer and marketer of cleaning products for the U.S. industrial market.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Chemicals) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Minnesota) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (1997) | 1 of 1 |
