ST. PAUL, MN / ACCESSWIRE / March 23, 2021 / Ecolab will host a live webcast of its first quarter earnings conference call to discuss 2021 first quarter results. A news release containing first quarter results is expected to be issued before market open on April 27, 2021. Details for the public webcast are as follows: TIME: 1:00 p.m. Eastern Time DATE: Tuesday, April 27, 2021 DURATION: One hour LOCATION: www.ecolab.com/investor ARCHIVE: A replay of the webcast and supplemental data will be...
ST. PAUL, MN / ACCESSWIRE / March 11, 2021 / Ecolab commented on the effects of the recent winter freeze in Texas and the Gulf Coast region as well as the resulting short-term business disruptions, saying that excluding this one-time event, the prior outlook for 2021 earnings to exceed 2019's earnings per share from continuing operations remains unchanged. Christophe Beck, Ecolab's President and Chief Executive Officer said, "As outlined in our recent fourth quarter 2020 earnings release, we...
Ecolab Inc. (“Ecolab”) announced today both the successful completion of its split-off exchange offer for Ecolab common stock in connection with the previously announced separation of its Upstream Energy business (the “ChampionX Business”) and the closing of the merger of ChampionX Holding Inc. (“ChampionX”), the Ecolab subsidiary holding the ChampionX Business, with a subsidiary of Apergy Corporation (“Apergy”). Consummation of the Exchange Offer Pursuant to the exchange offer,...
Ecolab’s AdvaCare™ Disinfectant has received the first approval given by the U.S. Environmental Protection Agency (EPA) for a laundry disinfectant and oxidizer emerging viral pathogen claim as effective against SARS-CoV-2, the virus that causes COVID-19. AdvaCare Disinfectant is an EPA-registered laundry disinfectant – registration number 1677-193 – and the concentrated formulation is permitted for use in commercial and industrial laundry operations. “AdvaCare Disinfectant delivers the...
Ecolab Inc. (“Ecolab”) announced today the preliminary results of its split-off exchange offer for Ecolab common stock in connection with the previously announced separation of its Upstream Energy business (the “ChampionX Business”) and merger of ChampionX Holding Inc. (“ChampionX”), an Ecolab subsidiary formed to hold the ChampionX Business, with a subsidiary of Apergy Corporation (“Apergy”). Ecolab intends to accept shares of Ecolab common stock validly tendered in the exchange...
Ecolab Inc. President and Chief Operating Officer Christophe Beck will address financial analysts virtually at the William Blair Growth Stock Conference on Tuesday, June 9th. Ecolab will offer a live webcast of Mr. Beck’s presentation. Details for the webcast are as follows: TIME: 11:00 a.m. Eastern Time DATE: Tuesday, June 9, 2020 DURATION: Approximately 30 minutes LOCATION: www.ecolab.com/investor ARCHIVE: A replay of the webcast will be available through June 28, 2020. To access the...
Ecolab Inc. (“Ecolab”) announced the final exchange ratio for its split-off exchange offer in connection with the previously announced separation of Ecolab’s Upstream Energy business (the “ChampionX Business”) and the subsequent merger of ChampionX Holding Inc. (“ChampionX”) with a subsidiary of Apergy Corporation (“Apergy”). The exchange ratio will be 24.6667 shares of Apergy common stock that will ultimately be received for each share of Ecolab common stock validly tendered...
Ecolab Inc. today closed on the sale of Holchem Group Limited, a U.K.-based supplier of hygiene and cleaning products and services, to Kersia, a biosecurity and food safety company. Ecolab’s acquisition of Holchem in December 2018 was subject to clearance by the U.K. Competition and Markets Authority (CMA), and the CMA ruled against the acquisition. Both businesses continued to operate separately during the CMA’s review. The CMA has approved Kersia’s acquisition of Holchem from Ecolab....
Ecolab Inc. Chairman and Chief Executive Officer Douglas M. Baker, Jr. will address financial analysts virtually at the Bernstein Annual Strategic Decisions Conference on Wednesday, May 27. Ecolab will offer a live webcast of Mr. Baker’s presentation. Details for the webcast are as follows: TIME: 10:00 a.m. Eastern Time DATE: Wednesday, May 27, 2020 DURATION: Approximately 30 minutes LOCATION: www.ecolab.com/investor ARCHIVE: A replay of the webcast will be available through June 28, 2020. To...
Ecolab Inc., the global leader in water, food safety and hygiene technologies and services, closed on its acquisition of CID Lines, a leading global provider of livestock biosecurity and hygiene solutions. “By leveraging our combined strengths and expertise, we will help develop and expand the hygiene solutions for the future of the food industry,” said Nick Alfano, Ecolab executive vice president and general manager of Global Food & Beverage. The new division will enable a focus on the...
Ecolab Inc., the global leader in water, food safety and infection prevention solutions and services, is teaming up with the National Restaurant Association Educational Foundation (NRAEF) and other industry leaders to support the Nacho Average Showdown. Presented by Tostitos, the live nacho-making competition between celebrity chef Guy Fieri and actor Bill Murray will raise money for the Restaurant Employee Relief Fund (RERF). The fund provides support to restaurant industry employees who are...
Ecolab Inc. announced today at its annual meeting of stockholders that the slate of twelve director nominees named in the company’s proxy statement was elected for a one-year term ending at its annual meeting of stockholders in May 2021. In other business during today’s meeting, stockholders ratified the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm for 2020 and approved, on an advisory basis, the compensation of executives disclosed in...
The board of directors of Ecolab Inc. today declared a regular quarterly cash dividend of $0.47 per common share, to be paid July 15, 2020, to shareholders of record at the close of business on June 16, 2020. Ecolab has paid cash dividends on its common stock for 83 consecutive years. About Ecolab A trusted partner at nearly three million commercial customer locations, Ecolab (ECL) is the global leader in driving business performance while protecting people and vital resources. With annual sales...
Wyndham Destinations Announces Enhanced Resort Cleaning Protocols Developed In Partnership With Ecolab World's Largest Vacation Ownership Company Provides Confidence to Travelers with Heightened Cleanliness Standards That Exceed CDC Recommendations PR Newswire ORLANDO, Fla., May 7, 2020 ORLANDO, Fla. , May 7, 2020 /PRNewswire/ -- Wyndham Destinations (NYSE:WYND), the world's largest vacation ownership and exchange company, today shared updated cleaning protocols and preventative measures for its...
Ecolab Inc., the global leader in water, food safety and infection prevention technologies and services, has been recognized as a Top Company for Diversity by DiversityInc, a leading diversity publication. Ecolab ranks 39 th on the 2020 list, which is a leading assessment of diversity management in corporate America. “Our commitment to building diverse teams and an inclusive workplace is unwavering,” said Ecolab Chairman and CEO Douglas M. Baker, Jr. “We are honored to be recognized for...
Aligning with Ecolab’s decision to defer implementation of merit pay increases for employees in 2020 wherever legally permitted, and in recognition of the significant impact of COVID-19, the Board voted to cancel its compensation increase that was previously approved in October 2019. About Ecolab A trusted partner at nearly three million commercial customer locations, Ecolab (ECL) is the global leader in driving business performance while protecting people and vital resources. With annual...
Ecolab Inc. announced today the commencement of an exchange offer related to the split-off of its Upstream Energy business (the “ChampionX Business”). The split-off transaction is in connection with the previously announced combination of the ChampionX Business with Apergy Corporation in a Reverse Morris Trust transaction. Key elements of the exchange offer include: Ecolab stockholders have the option to exchange some, all or none of their shares of Ecolab common stock for shares of common...
Ecolab will host a live webcast of its annual meeting of stockholders. As previously announced, due to public health precautions limiting in-person gatherings during the coronavirus (COVID-19) outbreak and to support the health and well-being of our stockholders and associates, the format of the 2020 Annual Meeting of Stockholders has been changed to a virtual-only meeting, instead of an in-person meeting. Stockholders will not be able to attend the Annual Meeting in person. Details for the...
EcoSure and Lobster Ink, Ecolab divisions focused on food safety and public health, are offering COVID-19 assessment and training programs to help food service and hospitality customers protect their employees and guests, and restore safe and profitable operations. “Prevention is the best protection,” said Mandy Sedlak, EcoSure manager for Food Safety and Public Health. “By training frontline employees on COVID-19 prevention, providing coaching on best practices and enhancing standard...
Ecolab Inc. (NYSE: ECL): FIRST QUARTER HIGHLIGHTS : Reported diluted EPS $0.97, -4%. Adjusted diluted EPS $1.13, +10%, excluding special gains and charges and discrete tax items. Reported sales +2%. Acquisition adjusted fixed currency sales also +2% as good growth in the Institutional and Healthcare & Life Sciences segments more than offset a 3% decline in Upstream Energy. Excluding the Upstream Energy business, acquisition adjusted fixed currency sales were +3%. Reported operating income +8%....
