Zep Closes Purchase of Ecolab's Vehicle Care Unit
Posted on December 03, 2012 at 08:20 AM EST
Zep Inc. (NYSE: ZEP ), a leading producer and marketer of a wide range of cleaning and maintenance solutions, today announced that a wholly owned subsidiary of Zep Inc. completed the purchase of the Vehicle Care division of Ecolab Inc. (NYSE: ECL ), effective December 1, 2012 for approximately $120 million. The combination