# Matrix becomes exclusive distributor of Acotec's Humidur coatings in Australasia

Matrix Composites & Engineering entered a binding agreement with Acotec to exclusively distribute its Humidur corrosion protection coatings in Australia, New Zealand and Papua New Guinea. Matrix also agreed to acquire Humidur Australia's equipment and operations for $2.4 million.

- Type: Contract
- Announced: 2022-06-19
- Where: Australia
- Status: announced
- Products: corrosion protection coatings (Humidur Coatings)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Matrix Composites & Engineering](https://endata.com/companies/63563.md)
- [Acotec](https://endata.com/companies/63516.md) (partner)
- [Humidur Australia](https://endata.com/companies/63564.md) (target)

## Sources

- [matrixengineered.com](https://matrixengineered.com/matrix-to-become-exclusive-local-distributor-of-corrosion-protection-coatings-in-australasia/), 2022-06-19: "Matrix Composites & Engineering Ltd (ASX:MCE, “Matrix” or the “Company”) is pleased to announce it has entered into a binding agreement with Acotec, a Belgian-based coatings technology company, to exclusively distribute its Humidur Coatings products in Australia, New Zealand and Papua New Guinea."

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