Provided By PR Newswire
Last update: Aug 12, 2025
MONTREAL, Aug. 12, 2025 /PRNewswire/ -- Ovivo Inc. ("Ovivo"), a global provider of water and wastewater treatment equipment, technology and systems and its shareholder SKion Water GmbH ("SKion Water"), today announce that they have entered into a definitive agreement to sell Ovivo's Electronics division to Ecolab, a global sustainability leader offering water, hygiene and infection prevention solutions and services. Based in Saint Paul, Minnesota, USA, Ecolab is traded on the New York Stock Exchange and operates in more than 170 countries with 48,000 employees. The transaction has an enterprise valuation of approximately 2.4 billion Canadian dollars and is expected to close in the first quarter of 2026, subject to the parties obtaining regulatory clearance and satisfaction of other customary closing conditions.
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