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

[Mike Pennington]

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

Just think of the money they will save on Post-Its.

[Mikejl]

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

I'm kind of saddened by this announcement.

[Lydia]

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

Ugh....

[DaGonz]

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

I hope things will turn out okay...

[DAC17]

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

I assume this means that Barry was at the point of his career where he was ready to sell out. I can only hope 3M leaves well enough alone. Many buyers have screwed themselves trying to "add value" to their targets....

[Sal329]

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

Goin to stock up now... I can see the 3M prices in the future

[Andy M.]

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

Just think of the money they will save on Post-Its.

And painters tape!!!!!!

Andy

[seth1066]

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

Goin to stock up now... I can see the 3M prices in the future

Well, I can't think of any two products that are as widely used in the professional end of the business, might be a slight monopoly. Haven't bought any in years, are comparable 3M products that much more?

[lariat]

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

So sad, end of an era!!

[SHYNEMAN123]

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

Well now I don't have to feel guilty about using 3M compounds for the past 28 years and finishing up with Meguiar's.
I think It was a great move to combine the R&D of two great company's they will be unbeatable.

[Larry A]

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

3M and Meguiars make a lot of similar products.Wont they conflect,unless Meguiars will make the waxes, polishes and compounds , and 3M will make everthing else. They dont need two kinds of compounds, polishes and waxes. Time will tell.

[Nick Chapman]

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

[Maserati Mario]

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

Wow!
I thinks it sad that a family owned business sold out. But on the other hand it's business and making money is the key to being successful. I hope they made the right dession and things work out for the better. Only time will tell.

[SHYNEMAN123]

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

3M and Meguiars make a lot of similar products.Wont they conflect,unless Meguiars will make the waxes, polishes and compounds , and 3M will make everthing else. They dont need two kinds of compounds, polishes and waxes. Time will tell.

3M'S Compounds are very different than Meg's should be a good mix.

[Markus Kleis]

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

The business and logistical aspect of the deal is fairly simple (IMO)- Meguiar's does extremely well in the "consumer" line of products found at your local auto parts stores, Wal-Marts, SEARS, Target, etc. On the other hand, 3M has an advantage (in terms of market share) in the body shop/professional side of the business.

So you take two number one producers (in their respective markets) and combine them to form one undeniable overall number 1 producer of professional AND consumer products.

Meguiar's WILL continue to operate in a fashion VERY similar to the way they have and do up until now- in fact most people will never notice the change (At least that is my prediction).

I see the positive changes to come like the sharing of technologies to create better products for us to enjoy. also, Meguiar's REALLY shines in its ability to teach their customers about their products, and how to use them. 3M on the other hand totally lacks in that department, so maybe now we will also be able to take advantage of the quality products 3M makes that we don't know well enough to use.

I'm hoping for the best, and only time will tell.