Danaher Acquires ChemTreat For $435 Million

WASHINGTON - Danaher Corp. announced Thursday its acquisition of ChemTreat Inc., a provider of industrial water treatment products and services, for about $435 million.

 

The acquisition of ChemTreat will allow Danaher to increase its presence in the water treatment market, according to H. Lawrence Culp, Jr., Danaher's President and CEO.

 

ChemTreat, headquartered in Glen Allen, Va., had revenues of more than $200 million in its most recent completed fiscal year.

 

Danaher is a supplier of professional instrumentation, medical and industrial technologies, and tools and components.