NYSE:ECL

Ecolab Inc. is the global leader in water, hygiene, and energy technologies and services. The company caters to customers in the food, healthcare, energy, hospitality, and industrial markets in more than 170 countries, with 100 countries being outside the U.S.

Over the years, Ecolab has earned the reputation of a trusted partner serving customers from nearly three million locations. By region, North America is Ecolab’s largest market accounting for 58% of 2018 sales, followed by Europe (19%), Asia-Pacific (12%), Latin America, Middle East, and Africa. Ecolab’s business can be categorized into global institutional (~35% of 2018 business mix), global industrial (~36%), global energy (23%), and other (6%).

The company is in a good position to gain from growing demands for food, energy, improving public health and increasing water shortages. Ecolab manufactures most of the products in its own manufacturing facilities and relies on third-party contract manufacturers for a select few items. The company is known for its industry-leading sales-and-service force.