DLA Piper advises Ecolab in acquisition of Ovivo’s Electronics business

DLA Piper advised Ecolab Inc., a global sustainability leader offering water, hygiene, and infection prevention solutions and services, in its acquisition of Ovivo’s Electronics business, a global provider of breakthrough ultrapure water technologies for semiconductor manufacturing. The transaction value is approximately CAD$2.4 billion.

The acquisition extends Ecolab’s scope along the entire artificial intelligence value chain, from semiconductor manufacturing to data centers, more than doubling the size of the company’s global high tech growth engine and creating a clear leader serving these high-growth industries. By bringing together Ovivo Electronics’ ultrapure water technologies with Ecolab’s global water, digital and service capabilities, Ecolab will provide critical circular water management solutions in the water-intensive semiconductor industry and support the industry to drive significantly reduced water use.

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years, according to Mergermarket, and ranked as number one in VC, PE and M&A in combined global deal volume according to PitchBook.