M&A Deal Summary

Legend Brands Acquires Prochem

On January 4, 2017, Legend Brands acquired chemicals company Prochem from Kärcher North America

Acquisition Highlights
  • This is Legend Brands’ 1st transaction in the Chemicals sector.
  • This is Legend Brands’ 1st transaction in the United States.
  • This is Legend Brands’ 1st transaction in Arizona.

M&A Deal Summary
Date 2017-01-04
Target Prochem
Sector Chemicals
Buyer(s) Legend Brands
Sellers(s) Kärcher North America
Deal Type Divestiture

Target

Prochem

Chandler, Arizona, United States
Prochem is a manufacturer of professional equipment and chemicals for cleaning and restoring carpet, upholstery and hard flooring surfaces. Based in Chandler, Arizona. Prochem's equipment line includes truck-mounted and portable carpet, upholstery and hard surface cleaning machines, as well as a complete line of accessories. Prochem also manufactures professional-grade cleaning chemicals, including detergents, shampoos, spot and stain removers, and deodorizers. Its products are sold by distributors to professional cleaning contractors, primarily in North America.

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Buyer(S) 1

Buyer

Legend Brands

Burlington, Washington, United States
Category Company
Founded 1994
Sector Manufacturing
DESCRIPTION

Legend Brands is the leading manufacturer of restorative drying products for the water damage restoration industry with over 60% market share in the U.S.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Kärcher North America

Denver, Colorado, United States
Category Company
Sector Consumer Products
DESCRIPTION

Kärcher North America produces and distributes products and services under the brands Kärcher, Windsor Kärcher Group, Prochem Kärcher Group, Landa Kärcher Group, Hotsy, Water Maze, Graco, Spraymart, Cuda, and Shark. The company's solutions serve customers' cleaning needs in an economical and environmentally-friendly manner.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Mergr

Product

Company

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