ATLANTA--(BUSINESS WIRE)--
As part of Zep Inc.'s initiative to make its products available to more
customers and through more channels, the company is pleased to announce
an agreement with Advance Auto Parts, Inc. With a nationwide presence of
more than 3,400 stores and website, the retailer will now offer a line
of Zep Commercial Auto Aftermarket products through its Commercial Sales
program.
John K. Morgan, Chairman, President and Chief Executive Officer of Zep
Inc., stated, "I am pleased to announce the agreement with Advance Auto
Parts, a leading and well known automotive aftermarket retailer.
Leveraging Advance Auto Parts' customer reach and broad geographic
presence will allow Zep to access a new sub-set of customers. The size
of the automotive aftermarket, coupled with Zep's heritage and expertise
in providing superior cleaning and maintenance solutions, make this a
prime opportunity for our Company. This agreement aligns well with our
goal of increasing our retail presence into previously untapped markets.
Further leveraging the Retail distribution opportunity for Zep
Commercial products will be important to Zep's continued growth. While
we don't expect this agreement to have an immediate impact to our
earnings results, we do believe this initiative will enhance our
long-term value proposition."
Initial Product Line
Advance Auto Parts Commercial Sales will initially carry the following
products:
-
Zep Commercial Orange Pumice Hand Cleaner - an industrial-strength
hand cleaner that's easy on the hands. Fortified with natural citrus
solvents and fine volcanic pumice, the cleaner spreads easily to
provide exceptional coverage. It cleans away tough grease and grime
quickly and rinses easily. The product is available in one-gallon jugs.
-
Zep Commercial Concentrated Cherry Hand Cleaner - a premium,
professional-strength liquid hand cleaner fortified with pumice and
mild solvents. It removes stubborn soils such as grease, tar, carbon,
asphalt, inks, resins, paints and adhesives. It also removes petroleum
odors, leaving behind a pleasant cherry scent. The cleaner's gel
formula spreads easily on hands and rinses easily, enriching hands
with emollients. Because it is concentrated, it provides more uses per
ounce than other hand cleaners. It is available in one-gallon jugs.
-
Zep Commercial Instant Hand Sanitizer - a convenient hand washing
supplement, this sanitizer works without water, killing 99.9 percent
of germs that can cause illness. The Instant Hand Sanitizer also
contains an aloe skin conditioner.
Lisa Malloy, President of Zep Retail, commented, "While Zep has
historically supplied a broad array of recognized and trusted automotive
maintenance products to auto dealers, auto fleets, service companies and
other larger-scale customers, this agreement allows Zep to deliver
similar, professional-grade products to smaller businesses and
individual consumers. This also provides an option for independent
mechanics, small auto repair shops and quick lube operators that prefer
to purchase products at retail stores and need the larger-volume sizes
and professional-strength performance products typically found in
products sold through wholesalers, professional distributors or a
commercial sales force."
For more information on the Zep Commercial line of products, visit www.zepcommercial.com.
About Zep Inc.
Zep Inc. (NYSE:ZEP), with fiscal year 2008 net sales of more than
$574 million, is a leading producer, marketer, and service provider of a
wide range of cleaning and maintenance solutions for commercial,
industrial, institutional, and consumer end-markets. Zep's product
portfolio includes anti-bacterial and industrial hand care products,
cleaners, degreasers, deodorizers, disinfectants, floor finishes,
sanitizers, and pest and weed control products. The Company markets
these products and services under well recognized and established brand
names, such as Zep(R), Zep Commercial(R), Zep
Professional, Enforcer(R), National Chemical(R) and
Selig(TM), some of which have been in existence for more than 70
years. Zep is headquartered in Atlanta, Georgia. Visit the company's
website at www.zepinc.com.
About Advance Auto Parts
With headquarters in Roanoke, Virginia, Advance Auto Parts, Inc., a
leading automotive aftermarket retailer of parts, accessories,
batteries, and maintenance items in the United States, serves both the
do-it-yourself and professional installer markets. As of July 18, 2009,
the Company operated 3,407 stores in 39 states, Puerto Rico, and the
Virgin Islands. For more information, visit www.AdvanceAutoParts.com.
Zep Inc.
Company Contact:
Jill Gilmer, 404-605-8614
or
Kapnek
Communications
Editor Contact:
Linda Barlow,
215-830-9890
Source: Zep Inc.
<<Business Wire -- 09/23/2009>>