# ADDEV Materials Group acquires Graytone Group and subsidiaries Pexa and PSG

ADDEV Materials Group has acquired the Graytone Group and its subsidiaries Pexa and PSG, which specialize in distribution of surface treatments, coatings, chemicals and composites for aerospace and defence markets.

- Type: Acquisition
- Announced: 2019-04-23
- Where: United Kingdom
- Status: completed
- Products: surface treatments, coatings, chemicals, composites
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Addev Materials](https://endata.com/companies/5671.md) (acquirer)
- [PSG](https://endata.com/companies/9511.md) (target)
- [Graytone Group](https://endata.com/companies/38887.md) (target)
- [Pexa](https://endata.com/companies/38888.md) (target)

## Sources

- [adsadvance.co.uk](https://www.adsadvance.co.uk/addev-materials-group-acquires-graytone-group-and-its-subsidiaries-pexa-and-psg.html), 2019-04-23: "ADDEV Materials Group has acquired the Graytone Group and its subsidiaries Pexa and PSG, which are companies specialising in services and distribution of surface treatments, coatings, chemicals, composites and other materials, predominantly for the aerospace and defence markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.