Simpson Thacher Represents JPMorgan as Financial Advisor to Ecolab in Its $3.7 Billion Acquisition of Purolite
11.02.21
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Simpson Thacher is representing J.P. Morgan Securities LLC as financial advisor to Ecolab, Inc. (NYSE: ECL) in connection with its acquisition of Purolite in an all-cash transaction for $3.7 billion. Closing of the transaction is subject to customary conditions including regulatory approvals.
Purolite is a global leader in resin technology and services. They develop and manufacture very small beads that are used in highly-regulated industries such as biopharma, pharma, microelectronics and nuclear power to separate, remove or recover very specific elements and compounds. Purolite provides solutions to help its customers produce high quality drugs like monoclonal antibodies, cell and gene therapies, immunological treatments for chronic illnesses and vaccines such as COVID-19.
The Simpson Thacher team includes Caroline Gottschalk (M&A).