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
Location
Georgia, United States
Transaction Type
Divestiture

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