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Harbour Group's CPS Products Acquires UView Ultraviolet Systems

CPS Products Canada, Ltd., a Harbour Group company, acquired the assets of UView Ultraviolet Systems, Inc., Jeff Fox, Harbour Group's chairman and chief executive officer, announced. Terms of the transaction were not disclosed.

From: http://www.digitaljournal.com/Date: 2014-05-10 01:30:25Views: 435

CPS Products Canada, Ltd., a Harbour Group company, acquired the assets of UView Ultraviolet Systems, Inc., Jeff Fox, Harbour Group's chairman and chief executive officer, announced.  Terms of the transaction were not disclosed. As a privately owned operating company based in St. Louis, Mo.  Harbour Group and its companies are engaged in manufacturing, distribution, and specialty services in multiple industries, including flow and energy measurement, boiler systems,  professional diagnostic and repair tools, abrasives, diamond-cutting products and so on.

Based in Mississauga, Ontario, UView manufactures tools and equipment for professional automotive technicians.  The company's core products are automotive fluid exchange and fuel service equipment and chemicals, and automotive air-conditioning-refrigerant leak detection.  The company's market leading brands include UView, MotorVac, and TerraClean.

Mr. Fox said, "We are confident that the addition of UView's outstanding team, rock solid product lineup, and excellent reputation for top-tier service will be a great combination with CPS.  We are eager to welcome the employees of UView into the Harbour Group family, and look forward to building upon the strong foundation they built.  We will continue to invest heavily in both people and operating infrastructure to ensure that this combined business accelerates its success going forward."

"This acquisition is a significant step forward in our ongoing drive to become the world's leading company focused on the professional technician," said Paul Baldetti, president of CPS.  "UView has an outstanding reputation in the automotive technician community and its culture aligns very well with ours - the teams from both companies are committed to building the best tools possible for professional technicians because we know that the technician's income depends on those tools."

Since its founding in 1976, Harbour Group has acquired 174 companies in 37 different industries.--iAbrasive report

Browse http://www.iabrasive.com/articles to see more.

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