Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
This could be a great thing. More heads to think about new products and research but again it can go downhill.
I hope everything goes well, and I think it will because I know Mr. Barry Meguiar won't destroy this legendary company
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NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
I wish the two companies all the luck in the world. Whatever 3M paid for MEGS they got a deal! The intellectual property alone is worth Billions!
My questions:
- Is Megs to remain an independent operating entity?
- Will Megs chemists, admin/sales/support staff all join 3M?
- What of the two product lines? Currently, 3M and Megs both serve the enthusiast/consumer markets. However, looking at retail store shelves Megs seems to have slightly more presence.
- Will we get re-badged 3M product at retail?
3M is a HUGE company...isn't it going to be pretty hard to keep Megs from getting lost?
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
I really do hope everything goes well. I'd hate to see a good thing change after so many years.
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
Seen this type of thing as well. Dads company, Coast, got bought out by Corporate(Anheauser Busch) who are now getting bought by Inbev. Seems that mergers or partnerships are common nowdays.
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
Only time will tell. I hope this is as great as it sounds. I hope we do not get lost in the corporate shuffle.
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
Hope this merger is better then my employer USF holland getting bought up by Yrcw (Yellow Frieght)a coulpe of years ago. We went from a small friendly operation to a its all about the bottom line fiasco. We will all keep our fingers crossed for only the best to happen.
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
Look for some price increases in the future to pay for acquiring Meguiar's. Looks like 3M is on a roll in buying out company's this yr.
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
Originally posted by Nappers View PostI just hope the bean counters leave everything alone and know they have a good thing with Meguiar's!
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
Originally posted by BlueZero View PostThanks for the info Mike!
I really think this could be a great opportunity. I'm looking forward to what the future brings!
Mike
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
So, is this a strategic alliance between both companies?
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
Thanks for the info Mike!
I really think this could be a great opportunity. I'm looking forward to what the future brings!
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Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.
I just hope the bean counters leave everything alone and know they have a good thing with Meguiar's!
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