Madico® to Acquire The Enpro Group’s Distribution Assets
Jan 15, 2011
By: David Smith
Madico®, Inc. one of the world’s leading manufacturers of automotive, solar, safety and security window films , today announced that it has finalized an agreement to purchase select assets from The Enpro Group™ based in Houston, Texas. These assets will include, among other things, the distribution rights of Madico branded products in various U.S. states including: Alabama, Arkansas, Colorado, Georgia, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. "The Enpro Group has been successfully distributing Madico products for over 30 years and we have truly enjoyed this long-standing relationship. After the purchase is completed, Madico Window Films will leverage its broad resources to build upon Enpro's legacy of outstanding customer service, while The Enpro Group will focus its energy on its FirstCut program, Retail Services, Contracting and other business segments. We are confident that this purchase will be very positive for our window film customers, for Madico Window Films, and for The Enpro Group. We are also pleased that our relationship will remain strong since we will continue to meet Enpro's needs for window film products," says David Fletcher, President of Madico Window Films. David Dickey, President of The Enpro Group, added, "Distribution has been the foundation of our business since our first day in operation. This acquisition of assets is a testament to over 30 years of outstanding sales and marketing efforts, territory development, and relationship-building strategies. Madico has been an outstanding partner and we look forward to continuing our long successful history with them."