Ecolab Leverages New European Operations.Business Editors ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn.--(BUSINESS WIRE)--Jan. 8, 2002 Ecolab Inc. announced it has purchased certain operations of Kleencare Hygiene, a subsidiary of LHS (filename extension) lhs - The filename extension for literate Haskell source files. Holdings Limited, Manchester, UK. Kleencare provides products, systems and services for the food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. industry, providing customer support for the varied hygiene requirements of each segment. Ecolab will acquire Kleencare operations in the UK, France, Switzerland and the Netherlands. These acquired operations have annual sales of around $30 million. Commenting on the acquisition, Allan L. Schuman Allan L. Schuman, age 71, is the former CEO of Ecolab, Inc. He resigned as chairman of the board in May 2006 and was named chairman emeritus, an honorary position. He worked at Ecolab for 49 years. Mr. , Ecolab's Chairman and Chief Executive Officer, stated, "On November 30, 2001, we completed the purchase of the remaining 50% of our European operations. Kleencare represents the first step in Ecolab's drive to leverage our now wholly-owned operations in Europe. It bolsters our leadership position in the food and beverage sanitation market and builds on our successful and growing business in that market to drive increased sales growth." With worldwide sales exceeding $3 billion, Ecolab is the leading global developer and marketer of premium cleaning, sanitizing, pest elimination, maintenance and repair products and services for the hospitality, institutional and industrial markets. Ecolab shares are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and the Pacific Exchange under the symbol ECL (Emitter-Coupled Logic) A digital circuit composed of bipolar transistors in which the emitter ends are wired together. ECL gates switch faster than TTL gates, but consume more power. See TTL, I2L and bipolar. 1. . Ecolab news releases and other investor information are available on the Internet at www.ecolab.com and by telephone at 1-800-FACT-ECL. |
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