Complete the separation of ChampionX and its merger with Apergy
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 19 Dec 2019
- Due
- 30 Jun 2020
- Delivered
- 3 Jun 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to be completed by the end of the second quarter of 2020.”
What we found
Evidence strength A What the grades mean
Ecolab completed the separation of its ChampionX business and its merger with Apergy on June 3, 2020, which is before the end of the second quarter of 2020 deadline.
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A Ecolab 10-Q filed 2020-08-06
“On June 3, 2020, the Company completed the previously announced separation of its Upstream Energy business (the “ChampionX business”) ... followed immediately by the merger (the “Merger”) of ChampionX with a wholly owned subsidiary of ChampionX Corporation” ✓ confirmed on the page
Market reaction: the shares moved +0.7% against the S&P 500 over the three sessions around the disclosure (5 Aug 2020 to 10 Aug 2020). What this measures
Checked 18 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Separation
- Indicative materiality
- Transformational rules
- Action
- Complete
- Deliverable
- ChampionX separation and merger with Apergy
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: effectiveness of Apergy Form S-4 and Ecolab Form 10; Apergy shareholder approval; consummation of the ChampionX separation from Ecolab; receipt of tax opinions; regulatory approvals
- Depends on
- Regulatory, Shareholder
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2019-ECL-014788 · Corrections policy