logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Recochem Completes Acquisition Of Torque Detail

Dec 12, 2022•almost 3 years ago

Acquiring Company

Recochem

Acquired Company

Torque Detail

MontrealAutomotiveManufacturingManufacturingAutomotive

Description

Recochem, a global leader in manufacturing, marketing, and distributing automotive aftermarket and household fluids, is pleased to announce that it has completed the acquisition of Torque Detail (“Torque” or the “Company”), a leading brand of automotive detailing products.

Company Information

Company

Recochem

Location

Montreal, Quebec, Canada

About

Founded in 1951 in Montreal, Recochem is a global leader in manufacturing, marketing, and distributing automotive aftermarket and household fluids for consumers and industrial customers worldwide. The company generates over $1 billion in revenue and operates a global platform across North America, Europe, Australia, Asia Pacific, and the Middle East. Recochem’s strong reputation in the markets it serves has earned the company vendor appreciation awards from its customers and long-standing relationships with its suppliers and partners around the world. With innovation and agility built into its DNA, Recochem is poised to continue its expansion into global markets while maintaining its core values of exceptional customer service, high product quality, and environmental stewardship. For more information, visit www.recochem.com.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed