Recochem Acquires KIK's Auto Care Business (Prestone and Holts)
June 28, 2024
Recochem has acquired KIK Consumer Products’ Auto Care business, which comprises the Prestone brand in North America and Holts in the United Kingdom. The transaction creates a larger global automotive solutions group combining Recochem, Prestone and Holts to expand geographic reach, scale manufacturing and broaden product offerings; terms were not disclosed.
- Buyers
- Recochem
- Targets
- Prestone, Holts
- Sellers
- KIK Consumer Products
- Industry
- Consumer Products
- Location
- Georgia, United States
- Transaction Type
- Divestiture
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