News
July 15, 2003 - Homax Group acquires JASCO Chemical Corp.
ST. LOUIS, MO, July 15, 2003 - Homax Group has acquired JASCO Chemical Corporation, a manufacturer of branded paint removers and surface preparation products. Terms of the transaction were not disclosed.
Founded in 1947, JASCO Chemical Corp. is based in Santa Ana, CA. The company manufactures branded paint removers and surface preparation products, including paint removers and strippers, wood refinishers and preservatives, adhesive removers, masonry and concrete preparation products and sealers. The company sells these products through leading retailers, including home centers, mass merchandisers, hardware, and specialty stores.
Homax Group is a leading supplier of specialty consumer and contractor products, including specialty household cleaning products, texture repair products, and kitchen, bath and plumbing accessories. The products are sold to professional painters, decorators and consumers through specialty paint stores, home centers, mass merchandisers and hardware stores.
The acquisition will allow Homax Group to broaden its product offering of leading brands for the DIY (do-it-yourself) and professional markets. JASCO has a very strong brand name in its market and rounds out the product offering to the professional and DIY paint market for Homax Group.
Max Anthony, President of JASCO, said the acquisition by Harbour Group will enable the company to continue to pursue its growth strategy. "This is a great opportunity for JASCO and Homax Group," he said. "JASCO has some of the most recognized products in its market sector. Homax Group recognized that its excellent distribution network and JASCO’s product offerings presented real opportunity for growth."
For more information, please contact Catherine Carey of Homax at 360-733-9029.