Ovivo to Sell Electronic Division to Ecolab for $2.4 billion CAD.

Ovivo Inc. and SKion Water have signed a definitive agreement to sell Ovivo's electronic division to Ecolab, a global leader in water, hygiene, and infection prevention solutions. The deal is valued at approximately CAD 2.4 billion and is expected to be completed in Q1 2026, subject to regulatory approval and customary closing conditions. This marks a significant milestone in Ovivo's history, opening up new opportunities for the company.

Ecolab Inc. (NYSE: ECL) has agreed to acquire Ovivo Inc.'s Electronics division for $1.8 billion, marking a significant expansion into the electronics sector. The transaction, which was announced on August 12, 2025, will see Ecolab pay a cash consideration of $1.8 billion for the assets of the Electronics division. The acquisition is expected to generate double-digit returns and immediately accrue to Ecolab's sales growth, with the company anticipating a neutral impact on its adjusted earnings per share [1].

The deal is subject to regulatory approval and is expected to close in the first quarter of 2026. This acquisition is part of Ecolab's strategy to diversify its offerings and enhance its position in the global market. The Electronics division team from Ovivo Inc. will join Ecolab Inc., bringing with them extensive knowledge and capabilities built over decades [2].

Ovivo Inc., a global provider of water and wastewater treatment equipment, technology, and systems, has announced that this transaction will open new perspectives and opportunities for its Electronics division within Ecolab. The deal is expected to be a milestone in Ovivo's history, allowing the company to focus on accelerating organic growth in its Municipal, Energy, and Cembrane businesses. SKion Water, Ovivo's parent company, will continue its growth strategy and strengthen collaboration across its portfolio [2].

Ecolab, with annual sales of $16 billion and operations in over 170 countries, is a global sustainability leader offering water, hygiene, and infection prevention solutions. The acquisition of Ovivo's Electronics division is expected to bolster Ecolab's innovative solutions and operational efficiencies, further solidifying its position in the market [2].

References:
[1] https://www.marketscreener.com/news/ecolab-inc-agreed-to-acquire-electronics-division-of-ovivo-inc-from-ovivo-inc-for-1-8-billion-ce7c51dadb8ff020
[2] https://www.nasdaq.com/press-release/ovivo-sell-its-electronics-division-ecolab-and-start-new-phase-growth-2025-08-12