NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

[MnMDetailing]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

hmmmm ... im still on the fence about this.....i lived in irvine for years ,near the spectrum ....and i would hate to see Meguiars move ,and leave the O.C area ...thats the attraction for me ,nothing like buying locally

[rndy101]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

I hope the great products stay the same.

[Zach W.]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

...I really wouldn't want to think about the auto industry without either!

But, luckily, it looks like we are going to be able to have our wax, and use it too... Or in other words, it looks as if they will stay seperate companys, just with a larger wallet for R & D!!!

[im4cruisn]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

I've been watching this and am glad that Meguiar's is staying true to it's customer base. Thanks Meguiar's!!!!

I happen to LOVE both products, 3M and Meguiar's and will continue to support both of them...I really wouldn't want to think about the auto industry without either!

[Nappers]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

I actually forgot that the merger took place as it seems that it's status quo for Meguiar's.....

That is until I got my recent Hot Rod and they mentioned the merger in their news section.

I'm at work but if memory serves, it was a decent article.

I think 3M will benefit from having Meguiar's chemists.... more so than Meguiar's having the rescources that 3M has.

[Michael Stoops]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

Let's dig out positive merger/partnership/acquirement examples where the buyee came out as overall winner or markedly improved company!

Other than that, I'm proud that I knew the true Meg's - but now something is irrepearably went wrong and lost.

I liken Meguiar's acquisition by 3M to Ferrari's acquisition by Fiat. Ferrari has become a much, much stronger company catering to high end automotive enthusiasts, are able to bring better cars to market faster and have seen profits rise enormously. And you don't find the switchgear from a Fiat Panda in a 599 GTB Fiorano or suspension parts from a Fiat 500 in a 430 Scuderia.

There are actually times when one company purchases another without killing it. 3M owns several smaller organizations that continue to operate as they did pre-acquisition, except they have been made stronger due to their relationship with 3M.

[seth1066]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

hehe
meant to say
"anyone know who those car markers car?"

I'm guessing the head scratch was, and I have the same question, what's the seemingly derisive "lol" for?

[Wilco]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

hehe
meant to say
"anyone know who those car markers car?"

[Mike Phillips]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

LOL
Anyone who those carmakers are?

[BigJoe09]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

LOL
Anyone who those carmakers are?

Mercedes-Benz was one company that used to do that.

[Wilco]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

Meguiar's serves as consultant to most of the major carmakers around the world on paint quality and paint correction issues in their assembly plants and at the dealership level. In addition, Meguiar's often provides private label appearance car care products to car manufacturers to sell under their own name through their dealership parts departments.

LOL
Anyone know who those carmakers are?

[gb387]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

Wilco that is a good link to read, makes me feel better about the whole thing. Good to see it wasn't selling just to sell there was a reason behind it and thought put into it. Makes sense!!

[davey g-force]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

Nice find Wilco

That's put my mind at ease along with (I dare say) many others here...

[Mike Phillips]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

My recent favorite is...

"fear not"

Found a guy saying this in an old book...

[seth1066]

Re: NEWS RELEASE - 3M to Acquire Meguiar's, Inc.

Look guys, for those worried, read this:
ocregister.com/articles/meguiar-car-company-2197526-crazy-product
(JUST ADD www. before the link above and paste it into your browser!!) -Mark Kleis

For the Doom & Gloom crowd, I think this quote from the article should help::

"[Barry] Meguiar is to remain president with a long-term contract and change nothing about the way the company makes, markets or sells its products. All 120 employees keep their jobs."