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A New Energy at Ecolab

I&I leader to spend $2.2 billion for Champion Technologies.

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By: TOM BRANNA

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Is the industrial and institutional cleaning market running out of steam? Why else would I&I leader Ecolab spend $2.2 billion to acquire Champion Technologies, a global energy specialty products and services company? With the I&I category growing at the same rate as the anemic US economy, Ecolab is looking elsewhere for growth. “This transaction represents a rare opportunity to build on our position in a fast growing market by improving our geographic coverage and technology...

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