Zep Inc. Subsidiary, Amrep, Inc., To Acquire Certain North American Brands and Assets from Waterbury Companies, Inc

ENPNewswire-30 July 2010-Zep Inc. Subsidiary, Amrep, Inc., to Acquire Certain North American Brands and Assets from Waterbury Companies, Inc(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 27072010 - ATLANTA - Zep Inc. (NYSE:ZEP), a leading producer, marketer and service provider of a wide range of cleaning and maintenance solutions, today announced that Amrep, Inc., a wholly-owned subsidiary of Zep Inc., along with certain other subsidiaries, has signed a definitive agreement to acquire certain brands and assets, and assume certain liabilities of the North American operations of Waterbury Companies, Inc.-a leading provider of air care delivery systems and products for facility maintenance-for a cash purchase price of approximately $66 million, subject to post-closing working capital adjustments.