12 September 2016
Take two iconic Australian companies, combine well and apply to the building and DIY sector. The result? More Australian jobs, greater export opportunities and a wider product range for customers.
Melbourne-based Timbermate Group today announced the successful acquisition of long-established rival in the powder filler market, Agnew’s Water Putty.
Founded in 1929, the Australian family-owned Agnew’s brand has been synonymous with construction projects over several generations. Timbermate, also 100% Australian-owned, has grown from a small family business to a leading manufacturer and exporter of high-quality, innovative products used predominantly in the cabinet making, flooring, woodworking and furniture industries.
Together, these two iconic businesses present “a fantastic opportunity” to expand the existing product range for building and DIY customers throughout Australia and around the world, said Timbermate Group CEO Warren Mymin.
The acquisition of Agnew’s is another milestone for Timbermate, which revolutionised the woodfiller industry with the launch of its unique water-based products in 1991. The company now has a wide range of products under the Timbermate and Earl’s labels, all of which are manufactured in Australia using Australian-sourced materials. They are currently distributed in 20 countries, including the USA, Canada, China and India.
Agnew’s multi-purpose fillers will dovetail neatly with the Timbermate and Earl’s range, and all products will be manufactured at Timbermate’s factory in the Melbourne suburb of Mitcham.
“With Agnew’s history of being made in Melbourne since the 1920s, we welcome the opportunity to keep this staple brand in the filler industry in Australian hands, and, more importantly, to continue to employ Australian workers,” said Mymin.
“We also look forward to introducing the brand to wider markets around the world.”
FOR FURTHER INFORMATION, please contact Warren Mymin at email@example.com