Ecolab completes acquisition of Champion Technologies

Offshore staff

ST. PAUL, Minnesota – Ecolab Inc. has closed its acquisition of Champion Technologies and the related Corsicana Technologies. The transaction value was $2.3 billion.

To close the deal, Ecolab agreed with the US Justice Department to take certain steps to ensure continued independent competition using Champion technology in deepwater Gulf of Mexico energy services. The consent agreement impacts less than 3% of Champion’s business, says Ecolab.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...