.
MergerLinks Header Logo

Announced

Zep to acquire EcoClear.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Specialty Chemicals

Domestic

Friendly

Private

United States

Acquisition

Single Bidder

cleaning solutions

Pending

Majority

Synopsis

Edit

Zep, a producer and distributor of chemical products, agreed to acquire EcoClear, a deep-cleaning solution provider that specializes in sanitizing and disinfecting food processing and refrigerated facilities. Financial terms were not disclosed. “AFCO|Zep is honored to bring Brian Hindt and the EcoClear team into the AFCO Food & Beverage Division. Over the last few months during the worldwide pandemic, EcoClear’s staff and service-oriented approach have successfully provided immediate solutions in response to Covid-19 and other levels of food defense challenges. By integrating EcoClear into Zep’s portfolio, we add another level of solutions-based offerings for our valued customers,” Bob Klinetob, AFCO Senior Vice President & General Manager.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US