M&A Deal Summary

Recochem Acquires Paint Over Rust Products

On January 8, 2021, Recochem acquired chemicals company Paint Over Rust Products

Acquisition Highlights
  • This is Recochem’s 2nd transaction in the Chemicals sector.
  • This is Recochem’s 2nd transaction in the United States.
  • This is Recochem’s 1st transaction in New York.

M&A Deal Summary

Date 2021-01-08
Target Paint Over Rust Products
Sector Chemicals
Buyer(s) Recochem
Deal Type Add-on Acquisition

Target

Paint Over Rust Products

New Rochelle, New York, United States
Paint Over Rust Products, Inc. is a developer, manufacturer, and marketer of premium metal restoration and rust preventative solutions across online, distribution and retail automotive aftermarket channels. The company‘s full suite of branded car care products includes topcoats, specialty coatings, clearcoats and other related accessories. Paint Over Rust Products is based in New Rochelle, New York.

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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 2 of 4
Sector (Chemicals) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (New York) 1 of 1
Country (United States) 2 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-02 KOST USA

Cincinnati, Ohio, United States

KOST USA, Inc. is a manufacturer of coolant/antifreeze in the United States, primarily selling light and heavy-duty coolant to blue-chip customers across automotive aftermarket channels. The company also sells a variety of other functional fluids in the automotive aftermarket and industrial markets. KOST produces private label and branded products for its customers while providing superior service and technical capabilities. KOST USA was founded in 1985 and is based in Cincinnati, Ohio.

Buy -
FOLLOWING 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 -