Deal Details
Sale to Ecolab Inc.
Summary
Baird served as the exclusive financial advisor to Lobster International S.A. on this transaction.
About
Lobster International S.A. (“Lobster Ink” or the “Company”) has been acquired by Ecolab Inc. (“Ecolab”) (NYSE:ECL). Terms of the transaction were not disclosed.Lobster Ink is a leading provider of end-to-end online customer training solutions. The Company’s core competencies are in applied learning science, high-quality training content curation and the delivery of learning experiences through its SaaS platform to successfully meet the unique training needs of hospitality and foodservice companies in 130 countries globally. Lobster Ink was founded in 2007 in Cape Town, South Africa and is headquartered in Geneva, Switzerland.
Ecolab is a global leader in water, hygiene and energy technologies and services that protect people and vital resources. Ecolab delivers comprehensive solutions, data-driven insights 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. Ecolab was founded in 1923 and is headquartered in St. Paul, Minnesota.
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- Date
- February 2019
- Company
- Lobster International S.A.
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- Europe
- Acquiror Geography
- North America
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