MILWAUKEE, May 5, 2023 – Americo Chemical Products, Inc. (“Americo”) is now part of the Harbour Group family of companies. Americo is a leading provider of innovative chemical solutions for industries that require surface treatment of metal and other substrates. Its solutions include chemistries for metal treatment, wastewater treatment, and other specialty applications. The company, headquartered in Elgin, IL was founded in 1989 by Chris Bozin, who will continue to serve as CEO. Terms of the transaction were not disclosed. Grace Matthews, Inc. served as financial advisor to Americo on the transaction.
“We are excited to welcome Americo to Harbour Group,” said Jeff Fox, Harbour Group’s Chairman and Chief Executive Officer. “With a focus on providing uniquely formulated solutions to customers’ specific needs, Americo helps its customers solve challenging pre-treatment problems and improve operating performance. In partnering with Harbour Group, Americo will be in an even stronger position to scale in its existing market, while focusing on expanding its product offering and end market applications.”
Mr. Bozin added, “We are thrilled to join the Harbour Group family. The firm is well known for its strong reputation of building great businesses and operational excellence. Harbour Group’s vast resources and longstanding track record of success will help guide Americo through its next phase of growth, both organically and through complementary acquisitions. We believe this partnership will allow us to enhance our footprint in the marketplace as we continue to emphasize our high-touch customer service business model.”
ABOUT AMERICO CHEMICAL PRODUCTS, INC.
Americo is a leading chemical formulator and manufacturer dedicated to supporting customers with solutions for pretreatment of metal surfaces and other substrates, including industrial wastewater treatment and other applications. Headquartered in Elgin, IL, Americo employs a unique “total solutions approach” that combines application expertise with chemical formulation expertise. The company delivers customized, engineered solutions that help customers in optimizing their throughput, quality and efficiency and reducing costs. To learn more about Americo, visit americochemical.com.
ABOUT HARBOUR GROUP
Harbour Group is a privately owned operations-focused company based in St. Louis, Missouri. Harbour Group’s companies are engaged in manufacturing and distribution across diverse industries, including outdoor living products, specialty fittings, remote monitoring solutions, control solutions, LED lighting, flow control, thermal management solutions, boiler systems, professional diagnostic and repair tools, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 224 companies in 49 different industries. To learn more about Harbour Group, visit harbourgroup.com.
ABOUT GRACE MATTHEWS
Grace Matthews, Inc., a Milwaukee-based investment bank, provides merger, acquisition, and corporate finance advisory services to private and public companies across the chemical and material science value chain. Over the past two decades, Grace Matthews has successfully completed over 200 transactions on behalf of clients ranging from private, middle-market companies to large, foreign or U.S.-based multi-nationals. For more detailed information on Grace Matthews, visit gracematthews.com.
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Grace Matthews advised Americo Chemical Products, Inc.