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ECOLAB® NEWS RELEASE Ecolab to Acquire Purolite , a Leading Global Provider of Fast - Growing , High Value Separation and Purification Solutions to Life Sciences and Critical Industrial Markets 2021-10-28 Ecolab to pay approximately $ 3.7 billion in cash Acquisition Highlights : • Strong strategic fit - new major global growth platform adding very high margin product and service solutions • to further improve end - product safety and quality to critical key customers in the life sciences and industrial markets . Large , growing market - growth leader serving an estimated $ 5 billion global fluid separation and purification market , growing double - digits in biopharma and high single - digits in industrial . • Strong growth history and expected long - term outlook with highly attractive margins - doubles our existing and very successful high growth , high margin life sciences business while adding new capabilities and creating incremental opportunities in industrial . Global leader with recurring revenue - a nearly $ 0.4 billion global leader in high - end ion exchange resins with approximately 95 % consumable revenue products for purification solutions critical to customer operations . Highly recurring business model as it is usually part of FDA drug filings in life sciences . • Breakthrough innovation - innovation leader , including its unique jetted agarose resin beads , which are recognized for their exceptional performance in mRNA vaccine production and monoclonal antibody purification for cancer treatment . • Expected to be neutral in 2022 and nearly $ 0.10 accretive in 2023 to adjusted earnings per share ; transaction amortization expected to be approximately $ 0.26 per share . 1