Post Time:Jun 14,2010Classify:Industry NewsView:273
Hartung Glass Industries, Seattle,and Holcam Sales Inc.,Seattle, signed a definitive agreement under which Hartung acquired Holcam, according to a June 14 release. Terms of the transaction were not disclosed.
The location will continue operating as Holcam Sales Inc. “This acquisition marks the integration of two premier bath enclosure companies: Holcam and Agalite with highly experienced management teams, strong reputations for quality, skilled work forces and elaborate distribution networks, which will tremendously enhance the product lines and service levels we provide to our customers,” said Nick Sciola, Hartung Glass Industries presidentand owner, in the release.
Established in 1960 by former owner John Holmes, Holcam’s bath and shower enclosure products, including it’s line of Eurolite heavy shower doors, are in high demand throughout the western United States supplied via a network of established dealers located in Washington, Oregon, Idaho, Montana, Wyoming, California, Nevada, Utah, Colorado, Arizona, Hawaii, Alaska, Alberta and BC, according to the release.
Rick Wenala, who has worked with Holcam for 28 years and remains the company’s general manager stated in the release:“Over the past 50 years we have been two companies operating in the same market with differing areas of expertise. Having the opportunity to work together will quickly benefit the entire customer base with expanded capabilities and increased functionality. We are excited and proud to be a part of it."
The acquisition will dramatically expand both Holcam and Agalite’s already diverse product offerings including new highly aesthetic products from their Hartung Studio Decorative Glass line such as Impressions screen printed ceramic frit, Total Vision systems, Viewcol photographic film, laser etched patterns, designer cast, sand carved, V-Grooved and textured art glass, as well as a variety of easy clean protective glass coatings including ShowerGuard by Guardian, HydroShield and ClearShield, according to the release.
The Holcam acquisition isHartung’s second major acquisition in less than six months, according to the release. The addition further solidifies the company’s role in the flat glass market and will increase the value that Hartung and Agalite deliver to customers.
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