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  6. Ionics Acquires Ecolochem

M&A Deal Summary

Ionics Acquires Ecolochem

On February 23, 2004, Ionics acquired environmental company Ecolochem for 343M USD

Acquisition Highlights
  • This is Ionics’ 1st transaction in the Environmental sector.
  • This is Ionics’ largest (disclosed) transaction.
  • This is Ionics’ 1st transaction in the United States.
  • This is Ionics’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2004-02-23
Target Ecolochem
Sector Environmental
Buyer(s) Ionics
Deal Type Add-on Acquisition
Deal Value 343M USD
Advisor(s) Needham & Company (Financial)

Target

Ecolochem

East Hartford, Connecticut, United States
Ecolochem is a leading provider of emergency, short and long-term mobile water treatment services to the power, petrochemical and other industries.

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Buyer(S) 1

Buyer

Ionics

Burlington, Massachusetts, United States
Category Company
Founded 1948
Sector Environmental
DESCRIPTION

Ionics, Inc. is a designer, installer of water and wastewater treatment systems for power utilities and other industrial customers.

DEAL STATS #
Overall 1 of 1
Sector: Environmental M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1
Size (of disclosed) 1 of 1
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