ST. PAUL, Minn. – 3M has completed its acquisition of Meguiar’s Inc., the 100-year-old family business that manufactures the Meguiar’s brand of car care products for cleaning and protecting automotive surfaces to enhance 3M’s range of automotive aftermarket products.
Meguiar’s products include waxes, polishes, cleaners, conditioners and protectants. 3M and Meguiar’s will collaborate to deliver even more innovative high performance products for enthusiasts around the world.
3M’s Automotive Aftermarket Division provides a comprehensive line of 3M products for auto body repair professionals and auto enthusiasts. Products include abrasives and accessories, performance cleaning products, waxes, masking tapes, panel bonding adhesives, general adhesives coatings and sealers, paint finishing polishes and compounds, and paint application systems. Complementary acquisitions such as this support 3M’s growth strategy to strengthen its core businesses and expand into adjacent markets.
they must be making big profits to buy out meguiars,as there own line goes down the tubes they put there 80 grit board snd paper on thinner paper and it does not last keep reformuating your products 3m and no one will buy them
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Source: Automotive Body Repair News,
10/3/2008 Click here
Posted 2008-10-07 15:40:28.0
