Ecolab sells Mobotec equipment business Ecolab announced it has sold substantially all the capital equipment design and build business of its Mobotec air emissions control business to The Power Industrial Group, a leading mechanical engineering business based in the UK. The Mobotec equipment design and build business had 2012 sales of $27M. Ecolab has retained Mobotecís chemical business. No further details were disclosed.
News For ECL From The Last 14 Days
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Ecolab raises cash dividend 20% to 27.5c per share The dividend will be paid January 15, 2014, to shareholders of record at the close of business on December 17. This increase results in a new indicated annual cash dividend of $1.10 per share in 2014.