Ecolab (ECL) Sells Surgical Solutions Business to Medline
ECLEcolab(ECL) ZACKS·2024-08-02 23:46

Ecolab Inc. (ECL) has completed the sale of its global surgical solutions business to Medline for approximately $950 million in cash. Medline had announced a definitive agreement to acquire Ecolab's global surgical solutions business, including the Microtek product lines, on Apr 30, 2024.Following the sale, Ecolab will continue serving hospitals through its infection prevention and instrument reprocessing businesses, which provide environmental hygiene programs and cleaning and sterilization solutions for i ...