The combined capabilities will accelerate the growth of novel graphene-based solutions for protective and industrial coatings.
On 28th March 2023, Universal Matter UK Limited has completed the acquisition of all shares of Applied Graphene Materials UK Limited and Applied Graphene Materials LLC for a total consideration of $1.3M. The company has now access to market leading product technologies designed to deliver next generation performance requirements for protective industrial coatings
and several other applications.
The offerings of AGM, including graphene dispersion technologies and the application and formulating know-how for coatings, composites and beyond, will be further leveraged to enable the deployment of graphene materials into many of other strategic market segments. The dispersion solutions are easy and safe to use in industrial settings and have appropriate regulatory approvals for volume deployment.
“The acquisition of AGM fits exceptionally well with our growth strategy by significantly enhancing our dispersion and application capabilities for advanced paints and coatings. Moreover, it will provide UMI with an important European footprint for strengthening our growth potential,” has stated John van Leeuwen, the CEO of Universal Matter.
Universal Matter UK is a wholly owned subsidiary of Universal Matter Inc, a Canadian Corporation founded in 2019 specialising in high-tech advanced materials aiming to create strong circular economies by upcycling a range of carbon-based materials, including waste streams, to manufacture and supply high quality and sustainable turbostratic graphene (TG). Its proprietary Flash Joule Heating (FJH) process allows to transform a wide variety of carbon-containing feedstocks into high value graphene materials using a highly efficient and low-cost manufacturing process.
The combined capabilities enabled by this acquisition will provide an outstanding opportunity for accelerating the growth of novel graphene-based solutions. The synergistic combination will also help create a compelling value proposition for many industries.