We are pleased to announce that, as of 4th April 2019, Graytone Ltd will become part of ADDEV Materials, a French owned custom repackaging expert and distributor of high- performance materials specialist for the aerospace and aviation industries, based in Lyon, France. Graytone’s specialist coatings distributors, Pexa and PSG, will continue to operate from their current locations, as separate legal entities, with their own management teams and strategies, as before. Customers and suppliers alike can expect to experience the same professional service and support which they have enjoyed over a period of nearly 50 years.
The acquisition represents a great opportunity for the Graytone group of companies in terms of expanding our global reach through ADDEV Materials’ facilities in Europe and North America. In addition to this, it will offer the potential to widen our product portfolio (aerospace adhesives and sealants, coatings, chemicals, tapes, technical films) to our ever- increasing customer base, and from increased investment, allow us to deliver on our ambitions to grow our business.
We expect excellent synergies between the two organisations. 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. As part of the ADDEV Materials organisation, we plan to go from strength to strength and our trading partners will benefit from our increased resources and ambition.
For more information on ADDEV Materials and Graytone, please visit our websites: