I've been told by an investment banker friend that Ecolab is in talks to spin off the Institutional division and sell it to Procter and Gamble. Part of this entails a large layoff of Ecolab Institutional employees as territories will be greatly expanded geographically and customers will get fewer routine visits and mostly just emergency repair calls.
This will solidly position P&G in the Hospitality sector, effectively making them the only real game in town.
This is supposed to have been in the works for some time. The departure of long time CEO Douglas Baker is said to have been in response to these plans by the board.