Ecolab Purchases NY-based Cascade Water Services
Ecolab said Wednesday it had acquired a private water treatment program and service provider out of New York.
St. Paul-based Ecolab did not say how much it paid for Cascade Water Services, but noted the company had 2017 sales totaling $35 million.
For over three decades, Cascade served the mechanical and industrial market with most of its business coming from New York- and Florida-based institutions requiring boiler and cooling system repairs or solutions.
“As commercial building, lodging and healthcare facilities continue to expand, the demand for experts who can bring effective solutions to our customers’ water-related challenges has increased,” said Michael Johannsen, executive vice president and general manager of Ecolab’s Nalco water global light industries and water services division, in a statement.
Johannsen added that Cascade’s staff and technologies complemented Ecolab’s existing water business well and, by acquiring Cascade, Ecolab would broaden the range of the water treatment services it could offer its customers.
Ecolab said it would fold Cascade into its water services division. Beyond that, the company did not disclose additional details from the deal.