Exhibit 99.6
ECOLAB INC.
Offer to Exchange
All Shares of Common Stock of
CHAMPIONX HOLDING INC.
which are owned by Ecolab Inc. and
will be converted into the right to receive Shares of Common Stock of Apergy Corporation for
Shares of Common Stock of Ecolab Inc.
Pursuant to the Prospectus, dated [ ], 2020
THE EXCHANGE OFFER AND WITHDRAWAL RIGHTS EXPIRE AT [ ], NEW YORK CITY TIME, ON [ ], 2020, UNLESS THE EXCHANGE OFFER IS EXTENDED OR TERMINATED. SHARES OF ECOLAB COMMON STOCK TENDERED PURSUANT TO THE EXCHANGE OFFER MAY BE WITHDRAWN AT ANY TIME PRIOR TO THE EXPIRATION OF THE EXCHANGE OFFER.
[ ], 2020
To Banks, Brokers and Other Nominees:
Ecolab Inc. (“Ecolab”) is offering, upon the terms and subject to the conditions set forth in the enclosed prospectus, dated [ ], 2020 (together with any amendments or supplements thereto, the “Prospectus”), to exchange all shares of common stock (“ChampionX common stock”) of ChampionX Holding Inc. (“ChampionX”) that are owned by Ecolab, for shares of common stock of Ecolab (“Ecolab common stock”) that are validly tendered and not properly withdrawn. Immediately following the consummation of the exchange offer, and if necessary, theclean-upspin-off (as defined below), Athena Merger Sub, Inc. (“Merger Sub”), a Delaware corporation and wholly owned subsidiary of Apergy Corporation (“Apergy”), will be merged with and into ChampionX, whereby the separate corporate existence of Merger Sub will cease and ChampionX will continue as the surviving corporation and a wholly owned subsidiary of Apergy (the “Merger”). In the Merger, each outstanding share of ChampionX common stock (except for shares of ChampionX common stock held by ChampionX, which shares will be canceled and cease to exist, and no consideration will be delivered in exchange therefor) will be converted into the right to receive a number of duly authorized, validly issued, fully paid and nonassessable shares of common stock, par value $0.01 per share, of Apergy (“Apergy common stock”) equal to the Merger Exchange Ratio. ChampionX will authorize the issuance of a number of shares of ChampionX common stock such that the total number of shares of ChampionX common stock outstanding immediately prior to the consummation of the exchange offer will be that number that results in the Merger Exchange Ratio equaling one. As a result, each share of ChampionX common stock (except for shares of ChampionX common stock held by ChampionX, which shares will be canceled and cease to exist, and no consideration will be delivered in exchange therefor) will be converted into one share of Apergy common stock in the Merger. Capitalized terms used but not defined herein will have the meanings ascribed to them in the Prospectus.
We are asking you to furnish copies of the enclosed materials to your clients for whom you hold shares of Ecolab common stock, whether such shares are registered in your name or in the name of your nominee. You will be reimbursed for customary mailing and handling expenses incurred by you in forwarding any of the enclosed materials to your clients.
As described in the Prospectus, Ecolab is not conducting the exchange offer in any jurisdiction where the offer, sale or exchange is not permitted. If you are in a jurisdiction where offers to exchange or sell, or solicitations of offers to exchange or purchase, the securities offered by the exchange offer are unlawful, or if you are a person to whom it is unlawful to direct these types of activities, then the exchange offer presented does not extend to you.