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Business Observer Tuesday, Aug. 6, 2019 2 months ago

Window film maker acquires pair of Canadian distributors

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Madico Inc., based in Pinellas Park, has formed a new corporate entity that will serve customers in Canada.

PINELLAS PARK — Madico Inc., a manufacturer and distributor of window films, has acquired two Canadian distributors: Courage Distributing Inc. and Window Film Systems.

According to a press release, the Pinellas Park firm has formed a subsidiary, Madico Canada, that will serve customers north of the border.

Operating in Oakville, Ont., and Richmond, B.C., Courage Distributing was founded in 1993 by brothers Todd and Trent Courage, who will remain with Madico Canada, along with all of the company’s current employees.

Window Film Systems, which specializes in decorative window films, celebrated 40 years in business in 2018, the release states. Owner Peter Yates will stay on with Madico Canada, as well. 

Other terms of the deal were not disclosed in the release.

“Both Window Film Systems and Courage have been outstanding partners and successful distributors for decades,” states Jim Black, Madico's director of window film sales, in the release. “We are pleased that this approach will allow Madico, our partners and our customers to all benefit from this dynamic new entity. We intend to support the Canadian market like never before with enhancements such as a fuller range of products and significantly increased marketing support.”

With the acquisitions, the release states, Madico can now provide factory-direct service to all customers in North America via nine service centers located throughout the United States and Canada.

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