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Americo acquires strategic assets of Glit/Microtron14th of May 2013
Just weeks after the announcement by Continental Commercial Products that it was closing the Glit/Microtron floor pad manufacturing plant in Georgia, USA, Americo has acquired the strategic assets of the company.
The purchase included equipment and inventory as well as formulations for all products produced in the Glit/Microtron facility. Americo also secured the rights to the Glit name along with registered trademarks including the Buckaroo and Jackeroo brand names.
Lenny Shutzberg, chief executive officer of Americo Manufacturing Company said: "We are looking forward to the expansion of our product line with the addition of certain Glit formulations that have been highly regarded within the industry for a very long time.
"With the re-introduction of select Glit products Americo will expand its offering, combining the best of both companies."