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4-Traders Homepage  >  Equities  >  Nyse  >  Ecolab Inc.    ECL

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Ecolab Inc. : Ecolab Named Official Supplier of 2013 Universiade Games

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07/01/2013 | 02:35pm CET

Company providing products to help make global sporting event cleaner, safer and healthier

Ecolab, the global leader in water, hygiene and energy technologies and services, will serve as an official hygiene supplier for the 2013 Universiade Games, July 6-17, in Kazan, Russia. More than 100,000 student athletes, spectators and volunteers from more than 170 countries will visit Kazan for the Universiade.

"Ecolab will deploy its leading products and sales-and-service team to sporting venues and the student village in Kazan to advise and work with cleaning service providers to help ensure that the 2013 Universiade is a clean, safe and healthy event," said Vaclav Harant, Ecolab vice president and general manager, Russia and CIS. "Our on-site team will provide solutions for spotless sporting venues, safe food service and clean and healthy guest rooms."

During the 2013 Universiade Games, Ecolab is providing food safety, cleaning and sanitation products and equipment as well as training and on-site service to local partners.

"We believe in the power of the Games to inspire the next generation of athletes and leaders, and we look forward to a great competition in Kazan," added Harant.

The Universiade is the only summer multi-sport event in the world where students from around the globe compete athletically and academically. This international sporting and cultural festival is staged every two years in a different city.

About Ecolab
A trusted partner at more than one million customer locations, Ecolab (ECL) is the global leader in water, hygiene and energy technologies and services that protect people and vital resources. With 2012 sales of $12 billion and 44,000 associates, Ecolab delivers comprehensive solutions and on-site service to promote safe food, maintain clean environments, optimize water and energy use and improve operational efficiencies for customers in the food, healthcare, energy, hospitality and industrial markets in more than 170 countries around the world.

For more Ecolab news and information, visit www.ecolab.com.

Follow us on Twitter @ecolab or Facebook at facebook.com/ecolab.

(ECL-C)

Ecolab Inc.
Roman Blahoski, 651-293-4385
MediaRelations@Ecolab.com


© Business Wire 2013
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Financials ($)
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EBIT 2017 2 139 M
Net income 2017 1 405 M
Debt 2017 6 088 M
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EV / Sales 2017 3,11x
EV / Sales 2018 2,93x
Capitalization 36 025 M
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Average target price 126 $
Spread / Average Target 1,4%
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Douglas M. Baker Chairman & Chief Executive Officer
Thomas W. Handley President & Chief Operating Officer
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