Breaking News

Ecolab Will Purchase Alcide Corp.

November 15, 2005

Ecolab Inc. announced it will acquire biocide firm Alcide Corp., Redmond, WA. Alcide had global sales of about $22 million in calendar 2003.
The agreement calls for a tax-free exchange in which Alcide shareholders will receive $21 a share to be paid in Ecolab shares based on a formula of Ecolab’s closing price prior to the effective date of the merger.
Alcide had 2.7 million shares outstanding on Nov. 30, 2003, company executives said.
At press time, the agreement was approved by both boards, subject to the approval of Alcide’s shareholders and other customary closing conditions, including regulatory approvals.
“Alcide offers Ecolab proven and valuable technology that will provide a great addition to our product offerings to our food and beverage customers,” said Allan L. Schuman, Ecolab’s chairman and chief executive officer. “With their worldwide patents and Ecolab’s excellent global coverage, we are in a unique position to aggressively expedite the commercialization of Alcide’s technology and grow their business in a more rapid fashion.”
  • Fit for Fitness

    Fit for Fitness

    Christine Esposito, Associate Editor||February 21, 2017
    Kinx Active is a new brand targeting women who want beauty products that can stand up to their fitness routines.

  • Cargo Says Aloha To Spring/Summer

    Cargo Says Aloha To Spring/Summer

    Christine Esposito, Associate Editor||February 13, 2017
    Cargo Cosmetics has rolled out its new Spring/Summer collection with Hawiianan singer Anuhea.

  • Cashing In on Coconuts

    Cashing In on Coconuts

    Melissa Meisel, Associate Editor||February 6, 2017
    Organic to Green is making waves for its new oils and eco-friendly packaging.

  • Trade Association Directory 2017

    February 2, 2017
    Contact details of trade associations that serve various segments of our industry and are mentioned frequently in Happi.

  • What the Halal  Is Going On?

    What the Halal Is Going On?

    Imogen Matthews , In-Cosmetics||February 2, 2017
    Demand for these beauty products is surging thanks to a fastgrowing Muslim population.

  • Relief for Sensitive Scalps

    Relief for Sensitive Scalps

    Guadalupe Pellon and Annette Mehling , BASF||February 2, 2017
    BASF researchers detail the attributes of the company’s highly effective hair care system focusing on scalp sensitivity.