NASHVILLE – Calling it “surprising,” Kyzen Corp. on Wednesday rejected an unsolicited yet public bid for the maker of cleaning products by Zestron Corp.
Earlier today, Zestron had announced its interest in purchasing Kyzen, reportedly offering a premium to shareholders of the Nashville-based cleaning products provider.
In a statement issued Wednesday evening Kyzen chief executive and president Kyle J. Doyel said the firm “has not solicited, nor has it directed management to solicit, offers from any party or have discussions regarding a potential sale.”
GARDEN GROVE, CA -- OK
International, a maker of soldering and desoldering tools,has named Tom Seratti vice president of global sales and marketing.
Seratti has spent 25 years in electronics manufacturing. He previously ran Marshall Industries/Avnet Production
Supply and Test, and was co-owner of SPI
Westek, a manufacturer of ESD control products in Anaheim, CA.