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January 30, 2013
By: TOM BRANNA
Editor
UNITED KINGDOM: Zep Europe B.V., a wholly-owned subsidiary of Zep Inc., has completed the purchase of all of the shares of Hale Group Limited, a firm based in the UK, effective Jan. 31, 2012. The purchase details were not disclosed, however, Zep Inc. said it financed the acquisition with cash on hand. Acquisition transaction costs will be reflected in the second quarter of fiscal 2012 as part of the incremental corporate development costs referenced during the first quarter earnings conference ...
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