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Zep Inc. Acquires Amrep

Deal is an "important strategic step" for its U.S. I&I business.

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By: TOM BRANNA

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Zep Inc. has acquired Amrep, Inc., a maker of maintenance chemicals for the automotive aftermarket as well as the janitorial market. The $64.4 million deal provides Zep with “immediate new avenues” into the U.S. I&I distribution channel, a $7.3 billion market which has not historically been a focus for the Atlanta-based company. According to Zep, the acquisition of Amrep is an important strategic step in its efforts to utilize distribution to expand its presence in a number of end mark...

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