Ecolab completes acquisition of Champion Technologies

Offshore staff

ST. PAUL, Minnesota – Ecolab Inc. has closed its acquisition of Champion Technologies and the related Corsicana Technologies. The transaction value was $2.3 billion.

To close the deal, Ecolab agreed with the US Justice Department to take certain steps to ensure continued independent competition using Champion technology in deepwater Gulf of Mexico energy services. The consent agreement impacts less than 3% of Champion’s business, says Ecolab.

4/11/2013