ST. PAUL, Minn. — Ecolab announced that, as part of its actions to develop a more efficient supply chain infrastructure and improve Europe profitability, it has completed the sale of its plant in Valby, Denmark.
The sale will result in an after-tax special gain of approximately $23 million to be recorded in Ecolab’s second quarter 2008 results. The plant, which was built in 1930 when the area was an industrial park, operated in a suburb of Copenhagen which has become increasingly residential. Production and logistics will be transferred from the Valby plant to other facilities.
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