Zep Closes Purchase of Ecolab's Vehicle Care Unit

Zep Inc.

, 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.

, effective December 1, 2012 for approximately $120 million. The combination of Ecolab's Vehicle Care division with Zep's existing North American Sales and Service vehicle-wash operations and its Niagara and Washtronics fleet-wash operations creates a new platform, "Zep Vehicle Care," representing approximately 13% of Zep's net sales on a pro forma basis.