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Advanced Auto Parts to sell Zep products
Source : Atlanta Business Chronicle [Posted on Sept 23,2009 at 9:7]

Zep Inc. has inked a deal with Advance Auto Parts Inc. to get Zep products in the retailer’s more than 3,400 stores and its Web site.

Financial terms were not disclosed. Atlanta-based Zep (NYSE: ZEP) does not expect the agreement to have an immediate impact on its earnings.

Roanoke, Va.-based Advance Auto Parts (NYSE: AAP) will now offer a line of Zep Commercial Auto Aftermarket products through its Commercial Sales program. It will initially carry Zep Commercial Orange Pumice Hand Cleaner, Zep Commercial Concentrated Cherry Hand Cleaner and Zep Commercial Instant Hand Sanitizer.

“Leveraging Advance Auto Parts�customer reach and broad geographic presence will allow Zep to access a new sub-set of customers,�said John K. Morgan, chairman, president and CEO of Zep, in a news release. “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.�/P>

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