Gold Eagle Co. announced it has acquired 303 Products Inc., maker of the 303 brand of protectants, cleaners and associated products. Based in Palo Cedro, Calif., 303 Products Inc. manufacturers products offering UV screening and protective treatments, finishes and specialized cleaners for rubber, vinyl, plastics, textiles and finished leathers. Terms were not announced.
“This is a landmark moment in Gold Eagle’s history,” says Marc Blackman, chief executive officer of Gold Eagle. “Over the past 80 years, we have built a powerful mix of household brands that have been protecting, preserving and enhancing the performance of engines everywhere and can be found in millions of garages worldwide. We are thrilled to have 303 Products join the Gold Eagle family. We look forward to strategically growing the 303 Brand and know our customers will appreciate the quality and usefulness of the products.”
“We believe that Gold Eagle Co.’s logistics, personalized and efficient customer service and its proven product marketing abilities will enable the 303 Brand to grow both domestically and internationally,” says Dennis Praegitzer, CEO of 303 Products Inc. “For more than 30 years, our company has developed a world-class collection of quality products and emerged as a category leader. Together, with Gold Eagle, we believe we will continue this momentum.”
Fred Scuncio, vice president of sales for 303 Products Inc. and principal of SCI, will join Gold Eagle Co. as an independent factory representative.