ADDEV Materials strengthens its position in Aerospace market with the acquisition of UK based companies Pexa and PSG
Since 2016, it has been the ambition of ADDEV Materials Group to become an international leading player in the field of aeronautics, space and defence, by creating a dedicated business unit. The acquisition of the Graytone Group and its subsidiaries Pexa and PSG, is a move towards realising that ambition. Both companies specialise in added value services and expert distribution of surface treatments, coatings, chemicals, composites and other materials mainly dedicated to the aerospace & defence markets. This activity is supported by a high level of customer service and technical expertise.
For more than 10 years, ADDEV Materials has offered its customers innovative and responsible materials solutions, centred around the three key elements "materials – converting – service". Historically focused on the converting 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.