Newsline: CUSTOM BUILDING PRODUCTS ACQUIRES AQUA MIX INC . . .
November 18, 2006
Custom® Building Products, a leading manufacturer of tile and stone installation systems, announced its acquisition of Aqua Mix® Inc., a leader in tile and stone care and maintenance products headquartered in Corona, CA. Terms of the agreement between the two privately held companies were not disclosed. Custom's management stated that Aqua Mix will continue its current business practices and will continue operating under its current management team.
â€œAqua Mix has a rich 26-year heritage as a pioneer in the care of tile and stone surfaces,â€ said Tom Peck, president and CEO of Custom Building Products. â€œAqua Mix has made customer satisfaction and loyalty a priority, earning it through a combination of quality products and long-term relationships with its customers. We are proud to welcome Aqua Mix to the Custom family.â€
As a comprehensive provider of tile and stone installation systems, the acquisition is part of Custom's business strategy of providing high-quality materials for every aspect of the tile and stone installation market.
In a statement to employees, Aqua Mix founders Manuel and Jill Magallanes said, â€œIt has been such a wonderful experience to have started Aqua Mix 26 years ago with the vision to provide safe sealers for tile and stone, and then to have achieved the success that we have. We owe that success to our employees and customers. The decision to sell our company was made easier by the realization of Aqua Mix's unlimited growth opportunities when aligned with Custom Building Products.â€