C&T Matrix strengthens its leadership position in die consumables with a majority investment in Clear Group C&T Matrix has announced the strategic acquisition of Clear Group, based in Valencia, Spain.
C&T Matrix is the world leader in the manufacture of creasing matrix and die consumables with manufacturing and distribution operations in the UK, US, China, Italy and India. As well as its own subsidiaries, C&T has a large network of more than 130 distributors in 70 countries around the world. One of the company’s key strategies is to become closer to its end customers through investment with distributors as well as the extension of its manufacturing capabilities.
Clear Group was founded in 1993 by Juan Carlos Montesinos and has grown to be a market leader in the manufacture and distribution of die supplies in Spain and Portugal. In recent years, Clear Group has made significant investment in its manufacturing processes adding laser cutting, rubber conversion, injection moulding and die machinery to its extensive production capability.
In addition to a vast portfolio, Clear Group also enjoys distribution arrangements with strategic industry suppliers such as Bohler and Koskisen.
The investment by C&T Matrix will bring significant benefits to both parties. C&T gains long-term distribution security in Southern Europe and from access to Clear Group’s range of products. Clear can take advantage of C&T’s global manufacturing experience, its distribution scale and strong financial backing.
Simon Shenton, Managing Director of C&T Matrix comments: “C&T and Clear have enjoyed a long and successful relationship and further cooperation was inevitable, given the calibre of people and products within the Clear organisation. I am thrilled that Clear Group is joining the C&T Matrix family - this partnership is a perfect strategic fit for both businesses. Most importantly, our customers will see real benefits in terms of product diversity, customer service and technical support. The products developed and manufactured by Clear are of cutting-edge quality and will be made available throughout the C&T Group”.
Juan Carlos Montesinos, CEO of Clear Group said: “C&T is a natural partner for Clear Group and together we will achieve great things. We will be able to offer more technical and consultancy services to our customers, thanks to the additional resources and experience gained from within the C&T Group and its worldwide distribution network. Furthermore, the additional financial resources available will ensure that investment in R&D remains at the forefront of our strategy as we seek to offer new and innovative products.”
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