Finance & Capital Management

ATLANTA, October 17, 2012 – Zep Inc. (NYSE:ZEP), a leading producer and marketer of a wide range of cleaning and maintenance solutions, today announced that it has entered into a definitive agreement to purchase all of the assets of Ecolab Vehicle Care, a division of Ecolab Inc. (NYSE: ECL), for approximately $120 million.

Bob Dylan’s “The Times They Are a-Changin’ may have been a ‘60s protest song, but the sentiment certainly rings true today, especially in our technological era...