M&A Deal Summary

Recochem Acquires KIK Consumer Products - Auto Care Business

On June 18, 2024, Recochem acquired automotive company KIK Consumer Products - Auto Care Business from KIK Consumer Products

Acquisition Highlights
  • This is Recochem’s 1st transaction in the Automotive sector.
  • This is Recochem’s 4th transaction in the United States.
  • This is Recochem’s 1st transaction in Georgia.

M&A Deal Summary
Date 2024-06-18
Target KIK Consumer Products - Auto Care Business
Sector Automotive
Buyer(s) Recochem
Sellers(s) KIK Consumer Products
Deal Type Divestiture

Target

KIK Consumer Products - Auto Care Business

Lawrenceville, Georgia, United States
KIK Consumer Products's Auto Care Business develops, manufactures and markets antifreeze/coolant and other essential automotive fluids and car appearance products in North America and other key international markets.

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Buyer(S) 1

Buyer

Recochem

Montreal, Quebec, Canada
Category Company
Founded 1951
Sector Chemicals
DESCRIPTION

Recochem producer, contract packager and wholesale distributor of household and transportation fluids. The Company’s product portfolio spans branded, private label and bulk offerings and includes coolant, windshield wash fluid, diesel exhaust fluid and a broad range of household fluids and industrial chemicals. Recochem was founded in 1951 and is based in Montreal, Quebec.

DEAL STATS #
Overall 4 of 4
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-12 Torque

Norwalk, Connecticut, United States

Torque is a provider of branded automotive detailing products, offering a breadth of ceramic coatings, exterior, and interior cleaners, and detailing accessories. Torque is based in Norwalk, Connecticut.

Buy -

Seller(S) 1

SELLER

KIK Consumer Products

Lawrenceville, Georgia, United States
Category Company
Founded 1993
Sector Building Materials
DESCRIPTION

KIK Consumer Products is an independent manufacturer in household products and a global leader in pool and spa treatment and automotive products. KIK Consumer Products was founded in 1993 and is based in Lawrenceville, Georgia.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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