Company News, Financial News

Is KIK for Sale?

Private label house could fetch $1.5 billion.

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By: TOM BRANNA

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Private equity hopes to get a kick out of KIK. One of North America's largest manufacturers of household cleaning and personal care products, KIK Custom Products Inc., is exploring a sale that could value it at more than $1.5 billion including debt, according to Reuters. The Concord, Ontario, Canada company, owned by private equity firm CI Capital Partners LLC, is working with Morgan Stanley on a sale process that is expected to kick off early next year, three people said this week. K...

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