Zep’s Amrep subsidiary has signed a definitive agreement to acquire the North American operations of Waterbury Companies, Inc., a provider of air care delivery systems and products for facility maintenance. The $66 million deal is expected to close during the first fiscal quarter of 2011. Amrep will add Waterbury’s TimeMist, TimeWick, Microbemax and Touch Less Control brands to its existing brand portfolio. The acquisition also provides Amrep with access to new specialty farm and agricultural...