Medtech Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Ecolab tightens hold on US hygiene sector with Microtek buy:

This article was originally published in Clinica

Executive Summary

US provider of cleaning and pest control services to hospitals Ecolab is to consolidate its business in the healthcare sector with the acquisition of Microtek Medical. The deal, which is expected to close in the fourth quarter of 2007, will see Ecolab (St Paul, Minnesota) pay $6.30 per share (approximately $274m in total) for all outstanding shares in the infection control and safety products manufacturer. The purchase of Alpharetta, Georgia-based Microtek is expected to reduce Ecolab's 2008 earnings by two cents per share, but will be accretive beyond that. Ecolab reiterated its forecasts to earn $1.64-1.66 per share for 2007.

Advertisement

Topics

Advertisement
UsernamePublicRestriction

Register

MT049393

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel