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Ecolab Inc. acquires Bioquell PLC for $178 million

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Tane61   Sunday, 02/03/19 10:31:42 AM
Re: Tane61 post# 49235
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Ecolab Inc. acquires Bioquell PLC for $178 million

Ecolab Closes on Purchase of Bioquell

January 16, 2019

ST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab Inc. announced today that it has closed on its previously announced acquisition of Bioquell PLC (LSE: BQE), a leading provider of hydrogen peroxide vapor bio-decontamination systems and services for the life sciences and healthcare industries. Headquartered in Andover, U.K., Bioquell’s 2017 sales were approximately £29 million ($37 million). Total consideration payable to shareholders following anticipated option exercises will be approximately £139 million ($178 million), subject to determination of the final share count.

https://www.ecolab.com/news/2019/01/ecolab-closes-on-purchase-of-bioquell

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About Ecolab

A trusted partner at nearly three million customer locations, Ecolab (ECL) is the global leader in water, hygiene and energy technologies and services that protect people and vital resources. With annual sales of $14 billion and 48,000 associates, Ecolab delivers comprehensive solutions, data-driven insights and on-site service to promote safe food, maintain clean environments, optimize water and energy use, and improve operational efficiencies for customers in the food, healthcare, energy, hospitality and industrial markets in more than 170 countries around the world.

https://www.ecolab.com/news/2018/11/ecolab-offers-to-acquire-bioquell-plc

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Bioquell PLC (LSE: BQE)

http://www.lse.co.uk/ShareChart.asp?sharechart=BQE&share=bioquell

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MEDIZONE FINALLY ADMITTED THAT OZONE CAN DAMAGE HOSPITAL EQUIPMENT

US EPA - Pesticide Product Label (excerpts)

Quote:
Ozone can be corrosive. Repeated use of the AsepticSure TM Disinfection System can over time cause minor corrosive damage to ozone-sensitive materials or equipment. Ensure where possible that all such materials are removed from the environment before beginning an AsepticSure Disinfection Cycle (see Table 3).

WARNING: Because the gas formula is highly oxidative, care must be taken that the room to be disinfected be appropriate and compatible.Any sensitive equipment that may be adversely affected by ozone or hydrogen peroxide should be removed from the room prior to the start of a disinfection cycle.

Contraindications and Material Compatibility
WARNING: Ozone can be corrosive and is poisonous in high quantities.
Hydrogen peroxide at high concentrations can be corrosive.



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