M&A Deal Summary

Zep Acquires Ecolab - Vehicle Care

On December 3, 2012, Zep acquired automotive company Ecolab - Vehicle Care from Ecolab for 120M USD

Acquisition Highlights
  • This is Zep’s 1st transaction in the Automotive sector.
  • This is Zep’s largest (disclosed) transaction.
  • This is Zep’s 3rd transaction in the United States.
  • This is Zep’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2012-12-03
Target Ecolab - Vehicle Care
Sector Automotive
Buyer(s) Zep
Sellers(s) Ecolab
Deal Type Divestiture
Deal Value 120M USD

Target

Ecolab - Vehicle Care

St. Paul, Minnesota, United States
Ecolab's Vehicle Care is a provider of vehicle care products, including soaps, polishes, sealants, wheel and tire treatments and air fresheners to professional car washes, convenience stores, auto detailers, and commercial fleet wash customers.

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Buyer(S) 1

Buyer

Zep

Atlanta, Georgia, United States

Category Company
Founded 1937
Sector Chemicals
Revenue 690M USD (2013)
DESCRIPTION
Zep's headquarters in Atlanta, Georgia.
Zep's headquarters in Atlanta, Georgia.

Zep is a manufacturer and marketer of a wide range of high-efficacy maintenance and cleaning solutions for commercial, industrial, institutional, and consumer end-markets under well-known and respected brand names. The breadth of the Zep product portfolio provides customized, superior cleaning and maintenance solutions to a broad customer base including manufacturers, food processors and preparers, restaurants, hospitals, schools, municipalities, government organizations, hotels and car washes.


DEAL STATS #
Overall 4 of 6
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 3 of 5
Year (2012) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-01 Mykal Industries

Wellingborough, United Kingdom

Mykal Industries Ltd. is a manufacturer and marketer of a broad range of branded and private label cleaning and degreasing products. Mykal's brand of high-powered natural solvents and biodegradable cleaners are used in engineering and manufacturing applications, and the company has a strong, well-established, cross sector customer base that includes some of the U.K.'s retailers, distributors and industrial companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-31 Alex C. Fergusson

Chambersburg, Pennsylvania, United States

Alex C. Fergusson LLC (AFCO) is a specialty chemical and food safety provider serving the food and beverage processing industry. Alex C. Fergusson LLC was founded in 1855 and is based in Chambersburg, Pennsylvania.

Buy -

Seller(S) 1

SELLER

Ecolab

St. Paul, Minnesota, United States

Category Company
Founded 1923
Sector Environmental
Employees48,000
Revenue 15.3B USD (2023)
DESCRIPTION
Ecolab's corporate headquarters in downtown St. Paul, Minnesota.
Ecolab's corporate headquarters in downtown St. Paul, Minnesota.

Ecolab is a provider of water, hygiene, and energy technologies and services. The Company serves businesses in the foodservice, food processing, hospitality, healthcare, industrial, and oil and gas markets. Ecolab was founded in 1923 and is based in St. Paul, Minnesota.


DEAL STATS #
Overall 2 of 10
Sector (Automotive) 1 of 1
Type (Divestiture) 2 of 10
State (Minnesota) 1 of 4
Country (United States) 1 of 7
Year (2012) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-12 Champion Technologies

Houston, Texas, United States

Champion Technologies is a global specialty chemical company with 3,300 employees in more than 30 countries delivering innovative and engineered programs for upstream, midstream, and downstream oil and gas markets. CorsiTech is a global specialty chemical organization dedicated to meeting and exceeding customers' technical needs in the drilling, stimulation and completion markets.

Buy $2.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-01 Master Chemicals

Kazan, Russia

Master Chemicals sells oil field chemicals to oil and gas producers located throughout Russia and parts of the Ukraine.

Buy -