Matrix Adhesives Group Acquisition Supports Growth Plans Across North America
Matrix Adhesives Group has been acquired by TruArc Partners, a move the company said is intended to support expansion of its adhesive and sealant platform across North America.
According to Matrix, the partnership is expected to provide additional resources for product development, operational growth, and future acquisitions. The company stated that the investment will support efforts to expand technologies, scale production, and enter additional end markets.
For customers, Matrix said the business will continue operating under its current brand and leadership structure. The company also reported that no immediate changes are expected to product availability, technical support, or day-to-day service.
DJ Johnson, CEO of Matrix Adhesives Group, said the company believes the partnership will help it pursue long-term growth while continuing to strengthen customer relationships. TruArc Partners also indicated that it expects to support Matrix’s expansion through both internal growth initiatives and strategic acquisitions.
Matrix said it will continue focusing on adhesives and sealants for construction, industrial, commercial, and specialty applications while building out its broader manufacturing and product platform.
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Source: Matrix Adhesives Group / TruArc Partners