Guy & O’Neill acquires Boomerang Laboratories
Guy & O'Neill, a portfolio company of Centre Partners, and a developer and manufacturer of wipes and liquid-fill products in the household cleaning and personal care categories, has acquired Boomerang Laboratories (Boomerang), a Minnesota-based manufacturer of a diverse array of liquid-fill personal care and light-duty household cleaning products.
Financial terms of the transaction have not been disclosed.
The acquisition enhances Guy & O’Neill’s product breadth and capabilities in several attractive categories, provides meaningful additional liquid-fill capacity and creates a larger, more diversified and multi-site partner for customers. Founded in 1999 and based in Spring Park, Minnesota, Boomerang’s breadth of product capabilities includes hand soaps, shampoos, conditioners, dish soaps, laundry detergents, fabric softeners and floor cleaners.
“Boomerang is an outstanding addition to Guy & O’Neill, as we continue to expand into new and complementary markets and product categories,” says Tom Misgen, CEO of Guy & O’Neill. “The company has a long-standing stellar reputation for providing excellent service, quality and flexibility to its valued customers. We are excited to welcome the exceptional Boomerang team, which shares commitment to innovation, quality, and customer service.”
“We are very excited to be a part of the Guy & O’Neill organisation,” adds Paul Nyberg, President of Boomerang. “The opportunity to share and adopt best practices, achieve operational efficiencies and be part of a larger platform will allow us to better meet the needs of our customers and help accelerate the continued growth of our combined business.”