in Aerospace

ADDEV Materials Group acquires Graytone Group and its subsidiaries Pexa and PSG

Posted 23 April 2019 · Add Comment

ADDEV Materials Group has acquired the Graytone Group and its subsidiaries Pexa and PSG, which are companies specialising in services and distribution of surface treatments, coatings, chemicals, composites and other materials, predominantly for the aerospace and defence markets.



For over 10 years, ADDEV Materials has offered innovative and responsible materials solutions. Historically focused on conversion of flexible materials, such as adhesive tapes or technical films, ADDEV Materials has expanded its know-how to liquid custom packaging solutions, adhesives and chemicals, through the acquisition of DIMEX (Toulouse) in 2015 and VMS aircraft (San Diego, USA) in 2016.

The acquisition of Pexa and PSG is therefore part of the company’s strategy to expand its supply range of adhesives, sealants and chemicals, to include paints and coatings, together with value added activities such as small batch manufacturing, tinting and decanting.

Pexa and PSG propose an extended offer, complementary to those of ADDEV Materials:

  • Pexa, based in Holywell Green in West Yorkshire, in the north of England, has developed a position as a preferred partner for Akzo Nobel Aerospace Coatings in the UK, France and Spain. Pexa has also recently created a subsidiary in India, laying the foundations for a future strategic platform to support ADDEV Materials’ customers in that region.
  • PSG, based in Bordon in Hampshire, south west of London, has been able to forge strong strategic partnerships with world leading manufacturers of specialist aerospace coatings and composites such as PPG Industries, Sherwin-Williams, Henkel and Gurit.

“We expect excellent synergies from the Graytone project in Europe and Middle East. We believe we can achieve significant cross fertilisation as an “Adhesives & Chemicals” custom made solutions expert, with our worldwide customers, our world-class manufacturers’ partners and our geographical position in Europe and North America” Julien Duvanel, ADDEV Materials CEO and Aerospace & Defense Business Unit CEO.

“The ADDEV Materials business philosophy is very much in line with the Graytone concept, which is to provide a highly extensive product offering, combined with a high level of technical support, added value converting activities and strong customer service orientation.” Graham Yates, Graytone Managing Director.

The acquisition and subsequent increased investment represents an opportunity for the Graytone Group of companies to expand its global reach through ADDEV Materials’ facilities in Europe and North America, whilst widening its product portfolio (aerospace adhesives and sealants, coatings, chemicals, tapes, technical films).

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

NCA launches its National Strategic Assessment

There are at least 181,000 offenders linked to serious and organised crime (SOC) in the UK, the National Crime Agency (NCA) revealed today, as it launched its National Strategic Assessment (NSA) 2019 Ė the most comprehensive study yet of

Eric Beranger appointed CEO of MBDA

Eric Beranger is to be MBDAís new Chief Executive Officer, with effect from 1st June 2019, replacing Antoine Bouvier.

Heathrow to commence statutory consultation on its expansion plans

Heathrow announced today that its statutory 12 and a half-week consultation on its expansion plans will launch on the 18th of June.

First student takes solo flight from modernised ETPS

Flt Lt Ed Eldred has made the first solo flight as a student from the recently modernised Empire Test Pilotsí School (ETPS).

FUCHS extends apprenticeship programme.

FUCHS Lubricants, which currently has 13 apprentices operating from its UK headquarters in Stoke-on-Trent, is now on the search for more youngsters to join the growing team.

Birmingham Airport's April passenger numbers up +4.1%

Birmingham Airport welcomed 1,002,473 passengers through its terminal doors during the month of April, this is up +4.1% up on the same month last year.

See us at
VIDSE BT1605060320DSEI JP BT1605201119SMIFAVWS BT1302060619