Breaking News

Magic American Corporation Acquired by Harbour Group

BEACHWOOD, Ohio, Aug. 22 /PRNewswire/ -- Magic American Corporation announced today that it has been acquired by Harbour Group, a privately held company based in St. Louis, Mo.

Magic American Corporation, based here, is a leading independent marketer and distributor of branded specialty cleaning and paint sundry products. Founded in 1934, Magic American Corporation offers products in four product categories: Goo Gone cleaning products, which are used to remove chewing gum, grease, and other sticky cleaning problems from carpets, upholstery, clothing, wood and cement; Magic Cleaners, which clean stainless steel, countertops, cabinets, and other special surfaces products; Magic Bath, for waterproofing and beautifying caulk joints in the bathroom; and Myro caulking products, for bathroom and other applications.

The company sells these products through leading retailers including home centers, mass merchandisers, hardware, paint, grocery, drug, hobby/craft, and specialty stores.

Magic American will complement Harbour Group's existing Paint Sundries Group, a leading supplier of high quality patch and repair products, tile care products, steel wool, and dry-wall tools. The companies in the group, including Homax Products, Krusin International, Tile Care Products and Rhodes American Products, sell their products to professional painters, decorators and consumers through specialty paint stores, home centers, mass merchandisers and hardware stores. Magic American Corporation will significantly expand the product offering and distribution channels of this already successful group.

Harbour Group and its related companies are engaged in the manufacture and distribution of various industrial products. Alan Zeilinger, President of Magic American Corporation, and Scott Zeilinger, Vice President, said the acquisition by Harbour Group would enable the company to continue to pursue its growth strategy. They commented, "This relationship makes sense for both companies. Magic American has a long-standing reputation for outstanding customer service and has several premier brands for the cleaning products market. Harbour Group recognized the value of our market leadership position and the competitive advantage resulting from our widespread distribution."

The Zeilingers said they do not expect significant changes in the current operating structure and expect key management to continue in its current role. Magic American Corporation will continue to focus on the development of its comprehensive product line, including penetration into new markets and introduction of new products.

Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

The Experience Spring 2013

See all the sights from Clearwater Beach for the inaugural Experience Conference and Exhibition, held from April 17-20, 2013.

THE MAGAZINE

ICS Cleaning Specialist Magazine

ics june cover 2013

2013 June

Take a look at the brand new April 2013 issue with features on Marketing, Rug/Carpet Cleaning, and Hard Floor Maintenance.
Table Of Contents Subscribe

ICS Strategy Poll

What, if any, strategies did you take to “bust out of any winter lull?”
View Results Poll Archive

THE ICS STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\ICS\new site\Upholstery_and_drapery.gif
Upholstery & Drapery Cleaning

Upholstery and Drapery Cleaning - Don’t let the name fool you. This is the industry’s only book covering dozens of household fabrics.

More Products

ICS DIRECTORY AND BUYING GUIDE

Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view

TRUCKMOUNT EQUIPMENT AND ACCESSORIES GUIDE

Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view

STAY CONNECTED

facebook_40.png twitter_40px.png youtube_40px.pngcrc logo