KIK CUSTOM PRODUCTS ACQUIRES CHEM LAB PRODUCTS INC.

25Jun2011

KIK CUSTOM PRODUCTS ACQUIRES CHEM LAB PRODUCTS INC.

Acquisition Adds Pool Additives to Company’s Broad Range of Consumer Products

June 25, 2011 – TORONTO, ON KIK Custom Products (KIK) announced today that its Classic Division recently completed an acquisition that will diversify the division’s manufacturing and marketing capabilities from household cleaning products to include liquid and dry products for the pool and spa markets.

Effective immediately, Chem Lab Products Inc. joins the KIK family of private label and contract manufacturing consumer products manufacturing. Chem Lab, which has been family-owned and operated since 1958, is located in Ontario, California and currently has approximately 100 full-time employees who will join KIK as a result of the acquisition. KIK intends to continue operating Chem Lab as a distinct unit within KIK which will be called the Pool Additives Division.

Chem Lab has a long history of success in the pool and spa industry. Operating under the trading name Kem-Tek (www.kem-tek.com), it manufactures over 100 products in both branded and private label lines, including retail bleach.

The home and commercial pool and spa business is a growing market that aligns well with the Classic Division’s existing expertise in bleach manufacturing. Adding Chem Lab’s pool and spa products to the Classic portfolio will strengthen the division’s growth potential create the platform to build a national, private label pool additives business. The acquisition will also provide KIK the opportunity to offer retail and institutional customers of both companies an enhanced line-up of cleaning, disinfectant and pool and spa products. KIK’s North American footprint will create a strong, competitive position in the market and a foundation for future growth.

  • 25 Jun, 2011
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