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NEWS & PRESS


Here is the latest news from Harbour Group.

NEWS // October 17, 2018

Harbour Group’s Lindstrom acquires Stelfast, Inc.

Lindstrom, LLC, a Harbour Group company, acquired Stelfast, Inc., Jeff Fox, Harbour Group’s chairman...
READ MORE
NEWS // March 26, 2018

Harbour Group acquires Nationwide Industries Inc.

Nationwide Industries (“NWI”) is now part of the Harbour Group family of companies, Jeff...
READ MORE
NEWS // January 17, 2018

Harbour Group acquires Thibaut Inc.

Thibaut Inc. (“Thibaut”) is now part of the Harbour Group family of companies, Jeff...
READ MORE
NEWS // October 30, 2017

Harbour Group acquires Wolverine Engine Heaters

Phillips & Temro Industries, Inc., a Harbour Group company, acquired the Wolverine Engine Heaters...
READ MORE
NEWS // October 19, 2017

Harbour Group acquires Green Creative LLC

GREEN CREATIVE, a developer of advanced LED lighting solutions, is now part of the...
READ MORE
NEWS // October 18, 2017

Harbour Group acquires BASE Engineering, Inc.

Marshall Excelsior Company (“MEC”), a Harbour Group company, has acquired BASE Engineering, Inc., Jeff...
READ MORE
NEWS // August 1, 2017

Harbour Group acquires Koch & Associates, Inc.

Marshall Excelsior Company, a Harbour Group company, acquired the assets of Koch & Associates,...
READ MORE
NEWS // May 4, 2017

Harbour Group acquires ILP Holdings Corporation

ILP Holdings Corporation (“ILP”) is now part of the Harbour Group family of companies,...
READ MORE

NEWS ARCHIVE CONTACT US
NEWS // October 17, 2018

Harbour Group’s Lindstrom acquires Stelfast, Inc.

Lindstrom, LLC, a Harbour Group company, acquired Stelfast, Inc., Jeff Fox, Harbour Group’s chairman...
READ MORE
NEWS // March 26, 2018

Harbour Group acquires Nationwide Industries Inc.

Nationwide Industries (“NWI”) is now part of the Harbour Group family of companies, Jeff...
READ MORE
NEWS // January 17, 2018

Harbour Group acquires Thibaut Inc.

Thibaut Inc. (“Thibaut”) is now part of the Harbour Group family of companies, Jeff...
READ MORE
NEWS // October 30, 2017

Harbour Group acquires Wolverine Engine Heaters

Phillips & Temro Industries, Inc., a Harbour Group company, acquired the Wolverine Engine Heaters...
READ MORE
NEWS // October 19, 2017

Harbour Group acquires Green Creative LLC

GREEN CREATIVE, a developer of advanced LED lighting solutions, is now part of the...
READ MORE
NEWS // October 18, 2017

Harbour Group acquires BASE Engineering, Inc.

Marshall Excelsior Company (“MEC”), a Harbour Group company, has acquired BASE Engineering, Inc., Jeff...
READ MORE
NEWS // August 1, 2017

Harbour Group acquires Koch & Associates, Inc.

Marshall Excelsior Company, a Harbour Group company, acquired the assets of Koch & Associates,...
READ MORE
NEWS // May 4, 2017

Harbour Group acquires ILP Holdings Corporation

ILP Holdings Corporation (“ILP”) is now part of the Harbour Group family of companies,...
READ MORE
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Harbour Group’s Lindstrom acquires Stelfast, Inc.

Lindstrom, LLC, a Harbour Group company, acquired Stelfast, Inc., Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today.  Terms of the transaction were not disclosed.  Simmi Sakhuja, President of Stelfast, and the rest of the Stelfast executive team will remain with the business.

 

Stelfast is a stocking master distributor of fasteners and specialty parts headquartered near Cleveland, Ohio with ten distribution locations across North America.  It was founded by Surinder Sakhuja in 1972, delivered its first fastener products in 1974, and currently serves customers across North America with over 12,000 different products.

 

“Stelfast focuses on service and flexibility to meet the needs of its distributor customers, by offering a broad product line with great customer service” Mr. Fox said. “As we have gotten to know the team, it has become clear that Stelfast’s customer-first mentality is deeply engrained in the organization.  This mentality aligns well with Lindstrom and the product offering is highly complementary, which will further enable the combined business to meet its customers’ specific needs.”

 

Neil Yeargin, President & CEO of Lindstrom, commented, “We look forward to partnering with Stelfast to build lasting value for our customers. It is evident both companies share core values in serving our customers with our expansive distribution, secondary processing, and packaging services.  This acquisition expands not only our physical footprint and product offering, but also enhances our service levels and ability to meet all of our customers’ needs.”

 

“We are excited to work with the Lindstrom team as we continue to grow our business and enhance our customer experience. The Lindstrom team and culture are a great fit with Stelfast.,” commented Ms. Sakhuja. “These two companies are uniquely suited to serve our customers with an enhanced service capability and we are eager to demonstrate this to the market.”

 

About Lindstrom

Lindstrom, LLC is the largest master distributor of specialty fasteners in the United States.  The company is headquartered in Blaine, Minn., and has locations in Elgin, Ill.; Greer, S.C.; New Windsor, N.Y.; Grand Prairie, Tex.; Mississauga, Canada; and Cleveland, Ohio.  Selling exclusively to distributors, Lindstrom offers products stocked for immediate delivery, specialty parts manufacturing, multiple packaging options, specialty plating, and other value-added services. In addition, Lindstrom is the exclusive master distributor of Bossard Group products in the United States.

 

About Harbour Group

Harbour Group is a privately owned, operations focused company based in St. Louis, Mo.  Harbour Group’s companies are engaged in manufacturing and distribution in multiple industries, including fence and gate systems, interior wallcoverings and fabrics, LED lighting, flow control products, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, master distribution of fasteners, and auxiliary plastic processing equipment.  Since its founding in 1976, Harbour Group has acquired 202 businesses in 43 different industries.

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Harbour Group acquires Nationwide Industries Inc.

Nationwide Industries (“NWI”) is now part of the Harbour Group family of companies, Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today.  Terms of the investment were not disclosed.

NWI is a leading supplier of specialty hardware to OEMs, distributors and installers in the fence and gate, railing and patio markets.  The company’s brands include Nationwide and Ultra-Tec.  The company’s products include hinges, latches, locks, rollers, railing post mounts and cable railing infill.  The products are used in vinyl, ornamental, specialty, wood, cable and chain link fence applications.  The company is headquartered in Tampa, Fla.

“We are excited to welcome Nationwide Industries to the Harbour Group family,” said Mr. Fox.  “NWI has a well-respected brand in its market and serves its customers with high quality, innovative products and great customer service.  The combination of this fantastic base business and Harbour Group’s resources will further strengthen NWI’s position in its market.”

Christopher Kliefoth, NWI President and CEO, added: “We believe Harbour Group’s operational and strategic expertise gathered over many years will be a valuable resource to our business as we continue to grow.  Our brand and customer relationships are strong today and will only improve.  We look forward to continuing to operate as a leader in our industry as we grow our product offering.”

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 interior wallcoverings and fabrics, LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, and auxiliary plastic processing equipment.  Since its founding in 1976, Harbour Group has acquired 200 companies in 43 different industries.

Previous Article Next Article

Harbour Group acquires Thibaut Inc.

Thibaut Inc. (“Thibaut”) is now part of the Harbour Group family of companies, Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today.  Terms of the transaction were not disclosed.

Thibaut is a highly recognized global brand in the wallcoverings, fabrics and upholstered furniture markets, featuring distinctive designs serving a diverse base of high-end residential interior designers.  The company’s in-house designers produce exclusive collections under three brand names:  Thibaut, Anna French and Thibaut Fine Furniture.

“Thibaut is a great addition to the Harbour Group family,” said Mr. Fox.  “Its brand and products have truly stood the test of time over its 130 year history.  Management has done an excellent job growing the company and we are excited to work together to continue that trajectory both organically and through acquisition.”

Bob Senior, Thibaut’s CEO, added: “We look forward to continuing to grow and improve the operations of our business with the help of Harbour Group’s team.  We believe their knowledge of operations along with our deep understanding of our industry  will allow us to continue growing at an accelerated pace.”

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 LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, and auxiliary plastic processing equipment.  Since its founding in 1976, Harbour Group has acquired 198 companies in 42 different industries.

Previous Article Next Article

Harbour Group acquires Wolverine Engine Heaters

Phillips & Temro Industries, Inc., a Harbour Group company, acquired the Wolverine Engine Heaters business and related assets of Nine Lives, Inc., Jeff Fox, Harbour Group’s chairman and chief executive, announced today.  Terms of the transaction were not disclosed.

 

For more than 20 years, Wolverine has offered premium, American-made, silicone heaters for cold- weather vehicle and equipment protection.  The Company’s core product line of oil pan engine heaters is known for reliability and durability.  Additional products include battery, oil filter and other fluid heaters.  Wolverine, which is based in Yakima, Wash., sells its products globally.

 

“Wolverine is a clear fit with Phillips & Temro,” Mr. Fox said.  “Together the combined businesses will become an even stronger force in the market.  We look forward to supporting their growth.”

 

“The acquisition of Wolverine strengthens our brand positioning and will provide an added online outlet and sales channel for our broad array of aftermarket cold-weather products.” said Tom Moser, President of Phillips & Temro.  “We look forward to working with the Wolverine team to expand their channel and product line.”

 

Kevin Frank, President of Wolverine, added: “We believe joining Phillips & Temro will strengthen our brand and open opportunities for us that we may not have otherwise had.  We also look forward to the operational support the Harbour Group team offers as we grow the business.”

 

About

Phillips & Temro Industries Inc. (“PTI”) was founded in 1920 and has grown to become the market leader in thermal management systems and controls for the transportation and heavy equipment markets.  The company’s primary products include immersion, circulation, and air intake heaters; engine cooling equipment; and cab heating, cooling and electrification products.  PTI’s technology is widely recognized for excelling in applications such as heavy-duty trucks, construction, agriculture, automotive, oil & gas, electric and hybrid vehicles, industrial, marine and power generation.  The company is based in Eden Prairie, Minn., and, together with its subsidiaries and affiliates, has a total of five manufacturing facilities globally.

 

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 LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, and auxiliary plastic processing equipment.  Since its founding in 1976, Harbour Group has acquired 197 companies in 41 different industries.

Previous Article Next Article

Harbour Group acquires Green Creative LLC

GREEN CREATIVE, a developer of advanced LED lighting solutions, is now part of the Harbour Group family of companies, extending Harbour Group’s participation in the lighting market, Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today.  Cole Zucker and Guillaume Vidal, the co-founders of GREEN CREATIVE, will continue their key leadership roles in the business. Terms of the transaction were not disclosed.

 

The investment represents Harbour Group’s second in the lighting industry this year.  In April, Harbour Group announced that ILP Holdings Corporation (ILP), a Sanford, Fla.-based manufacturer of energy-efficient luminaires and retrofit solutions, had become a Harbour Group company.  The Green Creative and ILP brands will remain independent.

 

Since its founding in 2010, GREEN CREATIVE has served the North American commercial lighting market with an industry-leading product offering of LED lamps and LED luminaires.  With its headquarters in Silicon Valley, CA and R&D center in Shanghai, China, the company’s LED lighting solutions have been widely adopted by some of the largest companies in the world.  Anchored by strong integrated R&D capabilities and patented technology, GREEN CREATIVE’s innovation, performance and reliability have been recognized year after year by the Illuminating Engineering Society Progress Report, LEDs Magazine’s Sapphire Awards, EdisonReport, Lighting For Tomorrow, NAILD (National Association of Innovative Lighting Distributors) and more.

 

“We are excited to support another founder-led business,” Mr. Fox said.  “As sister companies, GREEN CREATIVE and ILP bring an industry-leading team and product offering to the market.”

 

“Harbour Group’s operational expertise in scaling fast growing businesses combined with their financial resources presents a great opportunity to bring our company and people to the next level,” said Mr. Zucker.

 

“Under the same group, the companies have highly complementary offerings with minimum overlap,” added Jason Hendren, the founder of ILP.  “Combining GREEN CREATIVE’s lamp, commercial and residential downlight, and track products with ILP’s industrial, commercial, and outdoor products allows our channel partners to complete an entire project with a unique product mix.”

Previous Article Next Article

Harbour Group acquires BASE Engineering, Inc.

Marshall Excelsior Company (“MEC”), a Harbour Group company, has acquired BASE Engineering, Inc., Jeff Fox, Harbour Group’s chairman and chief executive, announced today.  Terms of the transaction were not disclosed.

 

Since its founding in 1996, BASE has designed and manufactured high-quality remote, automated emergency shutdown and operational controls for the liquefied petroleum gas (LPG) and refined fuels industries.  The company is dedicated to the highest levels of service and to providing better solutions to the challenges its customers face through continuous product innovation.  BASE was founded by Steve Belyea, its CEO, and is based in St. John, New Brunswick, Canada. The company sells its products in North America, Europe and Australia.

 

Mr. Fox commented, “BASE’s product line fits extremely well with MEC’s product offerings.  We are looking forward to bringing these two great innovators together to further enhance the portfolio of outstanding products that delight our customers.  Steve’s continued leadership and direction will be integral as we bring the companies together in the marketplace and build a bigger, stronger business.”

 

Mr. Belyea will continue in his current role as BASE CEO and president.  “This is an exciting next step for BASE,” he said, “and will further enhance our ability to bring innovative new products and services to our customers.  We couldn’t have hoped for better partners than MEC and Harbour Group.”

 

“We are excited about what BASE brings to our company,” said Franco Domingo, Vice President of Marshall Excelsior.  “BASE’s products are positioned in a rapidly expanding segment of our industry.  We believe this will complement our efforts to be a more complete solution to our customers.“

 

About Marshall Excelsior

Marshall Excelsior is a leading designer, manufacturer and supplier of mission-critical, highly engineered flow control products used in the transportation, storage, and consumption of liquefied petroleum gas (“LPG”) and liquefied anhydrous ammonia (“NH3”).  Over the past 40 years, MEC has provided a variety of solutions, including fittings, adapters, valves, regulators, pigtails, gauges and accessories, to its growing base of customers.  MEC’s products support various LPG and NH3 applications including bulk storage, transport, commercial, domestic and recreational vehicles.  The company is headquartered in Marshall, Mich.

 

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 LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, logistics services, abrasives, diamond-cutting products and related tools, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 195 companies in 41 different industries.

Previous Article Next Article

Harbour Group acquires Koch & Associates, Inc.

Marshall Excelsior Company, a Harbour Group company, acquired the assets of Koch & Associates, Inc., Jeff Fox, Harbour Group’s chairman and chief executive, announced today.  Terms of the transaction were not disclosed.

 

Koch manufactures and supplies leak detection systems and gas pressure regulators primarily used by bobtail truck drivers in the propane industry.  Koch & Associates was founded by Gary Koch, its president, and is based in Rockwall, Texas.

 

“We are pleased to build on the long-term vision for Marshall Excelsior,” Mr.  Fox said.  “We’re also gratified to support another strong, founder-owned business.”

 

“Koch and Marshall Excelsior products complement each other nicely,” said Franco Domingo, Vice President of Marshall Excelsior.  “Koch products expand our offering to our customer base with a more complete product line.  We are very excited by this addition.”

 

Mr. Koch added: “Combining our products and technology with Marshall Excelsior’s scale and reach is a benefit for both companies and our customers.  We’re eager to see what we can achieve as part of the Marshall Excelsior and Harbour Group family.”

 

About Marshall Excelsior

Marshall Excelsior is a leading designer, manufacturer and supplier of mission-critical, highly engineered flow control products used in the transportation, storage, and consumption of liquefied petroleum gas (“LPG”) and liquefied anhydrous ammonia (“NH3”).  Over the past 40 years, MEC has provided a variety of solutions, including fittings, adapters, valves, regulators, pigtails, gauges and accessories, to its growing base of customers.  MEC’s products support various LPG and NH3 applications including bulk storage, transport, commercial, domestic and recreational vehicles.  The company is headquartered in Marshall, Mich.

 

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 scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, logistics services, abrasives, diamond-cutting products and related tools, entertainment and music products, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 194 companies in 41 different industries.

Previous Article Next Article

Harbour Group acquires ILP Holdings Corporation

ILP Holdings Corporation (“ILP”) is now part of the Harbour Group family of companies, Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today.  Terms of the transaction were not disclosed.

 

ILP is an innovative manufacturer of energy-efficient luminaries and retrofit solutions with over 14 years of experience supporting builders and retrofitters with green building initiatives. The company has developed a wide range of LED products to support commercial, industrial, and outdoor applications focused on energy and maintenance savings.  New products like the UFO parking garage fixture and the LANCE retrofit kits demonstrate ILP’s ability to deliver performance and value with exceptional aesthetics.  ILP is headquartered in Sanford, Florida, and has an additional facility in Reno, Nevada.

 

“ILP’s ability to engineer and design new products and to provide high quality, reliable products at competitive prices has made it a recognized brand in its segment of the industry,” Mr. Fox said.  “The company is well positioned to take advantage of the market shift to LED lighting over the years to come.  We are very excited to welcome the ILP team to the Harbour Group family and to work together to continue growing the company both organically and through complementary acquisitions.”

 

Jason Hendren, the founder and CEO of ILP, added, “We couldn’t be more excited about our partnership with Harbour Group.  Their global resources and manufacturing expertise will enable us to accelerate our product development and growth initiatives.  We are eager to tap into their extensive resources and continue to be our customers’ number one source for energy-efficient lighting.”

 

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 flow control products, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, logistics services, abrasives, diamond-cutting products and related tools, entertainment and music products, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 193 companies in 41 different industries.

Previous Article Next Article

NEWS & PRESS


Here is the latest news from Harbour Group.

NEWS // October 17, 2018

Harbour Group’s Lindstrom acquires Stelfast, Inc.

Lindstrom, LLC, a Harbour Group company, acquired Stelfast, Inc., Jeff Fox, Harbour Group’s chairman...

Lindstrom, LLC, a Harbour Group company, acquired Stelfast, Inc., Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today.  Terms of the transaction were not disclosed.  Simmi Sakhuja, President of Stelfast, and the rest of the Stelfast executive team will remain with the business.

 

Stelfast is a stocking master distributor of fasteners and specialty parts headquartered near Cleveland, Ohio with ten distribution locations across North America.  It was founded by Surinder Sakhuja in 1972, delivered its first fastener products in 1974, and currently serves customers across North America with over 12,000 different products.

 

“Stelfast focuses on service and flexibility to meet the needs of its distributor customers, by offering a broad product line with great customer service” Mr. Fox said. “As we have gotten to know the team, it has become clear that Stelfast’s customer-first mentality is deeply engrained in the organization.  This mentality aligns well with Lindstrom and the product offering is highly complementary, which will further enable the combined business to meet its customers’ specific needs.”

 

Neil Yeargin, President & CEO of Lindstrom, commented, “We look forward to partnering with Stelfast to build lasting value for our customers. It is evident both companies share core values in serving our customers with our expansive distribution, secondary processing, and packaging services.  This acquisition expands not only our physical footprint and product offering, but also enhances our service levels and ability to meet all of our customers’ needs.”

 

“We are excited to work with the Lindstrom team as we continue to grow our business and enhance our customer experience. The Lindstrom team and culture are a great fit with Stelfast.,” commented Ms. Sakhuja. “These two companies are uniquely suited to serve our customers with an enhanced service capability and we are eager to demonstrate this to the market.”

 

About Lindstrom

Lindstrom, LLC is the largest master distributor of specialty fasteners in the United States.  The company is headquartered in Blaine, Minn., and has locations in Elgin, Ill.; Greer, S.C.; New Windsor, N.Y.; Grand Prairie, Tex.; Mississauga, Canada; and Cleveland, Ohio.  Selling exclusively to distributors, Lindstrom offers products stocked for immediate delivery, specialty parts manufacturing, multiple packaging options, specialty plating, and other value-added services. In addition, Lindstrom is the exclusive master distributor of Bossard Group products in the United States.

 

About Harbour Group

Harbour Group is a privately owned, operations focused company based in St. Louis, Mo.  Harbour Group’s companies are engaged in manufacturing and distribution in multiple industries, including fence and gate systems, interior wallcoverings and fabrics, LED lighting, flow control products, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, master distribution of fasteners, and auxiliary plastic processing equipment.  Since its founding in 1976, Harbour Group has acquired 202 businesses in 43 different industries.

READ MORE
NEWS // March 26, 2018

Harbour Group acquires Nationwide Industries Inc.

Nationwide Industries (“NWI”) is now part of the Harbour Group family of companies, Jeff...

Nationwide Industries (“NWI”) is now part of the Harbour Group family of companies, Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today.  Terms of the investment were not disclosed.

NWI is a leading supplier of specialty hardware to OEMs, distributors and installers in the fence and gate, railing and patio markets.  The company’s brands include Nationwide and Ultra-Tec.  The company’s products include hinges, latches, locks, rollers, railing post mounts and cable railing infill.  The products are used in vinyl, ornamental, specialty, wood, cable and chain link fence applications.  The company is headquartered in Tampa, Fla.

“We are excited to welcome Nationwide Industries to the Harbour Group family,” said Mr. Fox.  “NWI has a well-respected brand in its market and serves its customers with high quality, innovative products and great customer service.  The combination of this fantastic base business and Harbour Group’s resources will further strengthen NWI’s position in its market.”

Christopher Kliefoth, NWI President and CEO, added: “We believe Harbour Group’s operational and strategic expertise gathered over many years will be a valuable resource to our business as we continue to grow.  Our brand and customer relationships are strong today and will only improve.  We look forward to continuing to operate as a leader in our industry as we grow our product offering.”

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 interior wallcoverings and fabrics, LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, and auxiliary plastic processing equipment.  Since its founding in 1976, Harbour Group has acquired 200 companies in 43 different industries.

READ MORE
NEWS // January 17, 2018

Harbour Group acquires Thibaut Inc.

Thibaut Inc. (“Thibaut”) is now part of the Harbour Group family of companies, Jeff...

Thibaut Inc. (“Thibaut”) is now part of the Harbour Group family of companies, Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today.  Terms of the transaction were not disclosed.

Thibaut is a highly recognized global brand in the wallcoverings, fabrics and upholstered furniture markets, featuring distinctive designs serving a diverse base of high-end residential interior designers.  The company’s in-house designers produce exclusive collections under three brand names:  Thibaut, Anna French and Thibaut Fine Furniture.

“Thibaut is a great addition to the Harbour Group family,” said Mr. Fox.  “Its brand and products have truly stood the test of time over its 130 year history.  Management has done an excellent job growing the company and we are excited to work together to continue that trajectory both organically and through acquisition.”

Bob Senior, Thibaut’s CEO, added: “We look forward to continuing to grow and improve the operations of our business with the help of Harbour Group’s team.  We believe their knowledge of operations along with our deep understanding of our industry  will allow us to continue growing at an accelerated pace.”

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 LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, and auxiliary plastic processing equipment.  Since its founding in 1976, Harbour Group has acquired 198 companies in 42 different industries.

READ MORE
NEWS // October 30, 2017

Harbour Group acquires Wolverine Engine Heaters

Phillips & Temro Industries, Inc., a Harbour Group company, acquired the Wolverine Engine Heaters...

Phillips & Temro Industries, Inc., a Harbour Group company, acquired the Wolverine Engine Heaters business and related assets of Nine Lives, Inc., Jeff Fox, Harbour Group’s chairman and chief executive, announced today.  Terms of the transaction were not disclosed.

 

For more than 20 years, Wolverine has offered premium, American-made, silicone heaters for cold- weather vehicle and equipment protection.  The Company’s core product line of oil pan engine heaters is known for reliability and durability.  Additional products include battery, oil filter and other fluid heaters.  Wolverine, which is based in Yakima, Wash., sells its products globally.

 

“Wolverine is a clear fit with Phillips & Temro,” Mr. Fox said.  “Together the combined businesses will become an even stronger force in the market.  We look forward to supporting their growth.”

 

“The acquisition of Wolverine strengthens our brand positioning and will provide an added online outlet and sales channel for our broad array of aftermarket cold-weather products.” said Tom Moser, President of Phillips & Temro.  “We look forward to working with the Wolverine team to expand their channel and product line.”

 

Kevin Frank, President of Wolverine, added: “We believe joining Phillips & Temro will strengthen our brand and open opportunities for us that we may not have otherwise had.  We also look forward to the operational support the Harbour Group team offers as we grow the business.”

 

About

Phillips & Temro Industries Inc. (“PTI”) was founded in 1920 and has grown to become the market leader in thermal management systems and controls for the transportation and heavy equipment markets.  The company’s primary products include immersion, circulation, and air intake heaters; engine cooling equipment; and cab heating, cooling and electrification products.  PTI’s technology is widely recognized for excelling in applications such as heavy-duty trucks, construction, agriculture, automotive, oil & gas, electric and hybrid vehicles, industrial, marine and power generation.  The company is based in Eden Prairie, Minn., and, together with its subsidiaries and affiliates, has a total of five manufacturing facilities globally.

 

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 LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, and auxiliary plastic processing equipment.  Since its founding in 1976, Harbour Group has acquired 197 companies in 41 different industries.

READ MORE
NEWS // October 19, 2017

Harbour Group acquires Green Creative LLC

GREEN CREATIVE, a developer of advanced LED lighting solutions, is now part of the...

GREEN CREATIVE, a developer of advanced LED lighting solutions, is now part of the Harbour Group family of companies, extending Harbour Group’s participation in the lighting market, Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today.  Cole Zucker and Guillaume Vidal, the co-founders of GREEN CREATIVE, will continue their key leadership roles in the business. Terms of the transaction were not disclosed.

 

The investment represents Harbour Group’s second in the lighting industry this year.  In April, Harbour Group announced that ILP Holdings Corporation (ILP), a Sanford, Fla.-based manufacturer of energy-efficient luminaires and retrofit solutions, had become a Harbour Group company.  The Green Creative and ILP brands will remain independent.

 

Since its founding in 2010, GREEN CREATIVE has served the North American commercial lighting market with an industry-leading product offering of LED lamps and LED luminaires.  With its headquarters in Silicon Valley, CA and R&D center in Shanghai, China, the company’s LED lighting solutions have been widely adopted by some of the largest companies in the world.  Anchored by strong integrated R&D capabilities and patented technology, GREEN CREATIVE’s innovation, performance and reliability have been recognized year after year by the Illuminating Engineering Society Progress Report, LEDs Magazine’s Sapphire Awards, EdisonReport, Lighting For Tomorrow, NAILD (National Association of Innovative Lighting Distributors) and more.

 

“We are excited to support another founder-led business,” Mr. Fox said.  “As sister companies, GREEN CREATIVE and ILP bring an industry-leading team and product offering to the market.”

 

“Harbour Group’s operational expertise in scaling fast growing businesses combined with their financial resources presents a great opportunity to bring our company and people to the next level,” said Mr. Zucker.

 

“Under the same group, the companies have highly complementary offerings with minimum overlap,” added Jason Hendren, the founder of ILP.  “Combining GREEN CREATIVE’s lamp, commercial and residential downlight, and track products with ILP’s industrial, commercial, and outdoor products allows our channel partners to complete an entire project with a unique product mix.”

READ MORE

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