Ecolab(US:ECL) Prnewswire·2025-12-17 03:58Core Insights - Ovivo Water Inc. has successfully completed the sale of its electronics division to Ecolab, with a company valuation of approximately CAD 2.4 billion for the business unit [1][2]. Group 1: Transaction Details - The sale marks a significant milestone for Ovivo, opening new opportunities for the electronics division within Ecolab's global platform and initiating a new growth phase for Ovivo [2]. - The transaction is part of Ovivo's strategy to focus on three operational pillars: Municipal/Industrial/PFAS, Energy, and Cembrane SiC membranes [2]. Group 2: Leadership Statements - Marc Barbeau, President and CEO of Ovivo, expressed gratitude to the electronics division employees for their contributions over the past decade, highlighting their expertise and the division's recognition in the electronics industry [3]. - Reinhard Hübner, CEO of SKion Water, emphasized Ovivo's role in their growth strategy, focusing on both organic and inorganic growth in key sectors while enhancing collaboration across SKion Water's portfolio [4]. Group 3: Company Background - Ovivo is a global provider of equipment, technologies, and systems for water and wastewater treatment, with over 150 years of experience in the industry [5]. - The company operates a global platform with nearly 700 water treatment experts and is a subsidiary of SKion Water GmbH, which is part of the investment holding of the Klatten family [6].