Ecolab Signs a Deal to Merge its Upstream Energy Business with Apergy

Specialty chemical company Ecolab Inc. will merge its upstream energy business, Nalco Champion LLC with oilfield services provider Apergy Corp. The combined entity is expected to have pro forma sales of roughly $3.5 billion for the year and adjusted EBITDA of about $615 million, according to a Dec. 19 news release. The deal values Nalco … Read more