Conglomerate 3M announced yesterday its intention to acquire Meguiar’s, Inc., the more than 100-year-old family-run car care products business. Meguiar’s, which is based in Southern California, is notable for current president and CEO Barry Meguiar, who is a regular at vintage and new car show events across the world.
In a statement, 3M’s vice president of the company’s Automotive Aftermarket Division, Ian Hardgrove, implied that the colorful Barry Meguiar would continue to be part of the company.
Meguiar’s has become a staple of the car show scene and the company says it sponsors more than 10,000 car shows across the world despite being a small family-run business with 115 employees.
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09/11, 10:15 AM
posted by:
manhertm
Hmm, I wonder this is sitting with Barry Meguiar? A family owned business for over 100 years and now it could be taken over by 3M, what’s the interest? For a public owned company they sure are small, with only 115 employees.
09/11, 10:24 AM
posted by:
howsmydriving
Isn’t Barry Meguiar like this throaty folk singer guy who released the hit single, “Eve of Destruction”?
09/11, 10:52 AM
posted by:
shaver
3M and Meguires both make some of the best products in their respective arenas, but it still doesnt seem right to see an American classic of a company go to a giant. The Clay bar rules!
09/11, 1:18 PM
posted by:
beemerdude
“Eve of Destruction” was by Barry McGuire (different spelling!)
09/11, 3:37 PM
posted by:
yarddog82abn
A lot of auto body shops use M3 products, paint rubbing compounds, wet sanding sprays, and tape, I hope they keep not of the Meguiar’s products and most of all the employee’s.