# Universal Matter acquires Applied Graphene Materials' main operating businesses

Universal Matter UK, a subsidiary of Universal Matter, acquired all shares of Applied Graphene Materials UK and Applied Graphene Materials US for $1.3 million on March 28, 2023. The acquisition enhances dispersion and application capabilities for graphene-based paints and coatings.

- Type: Acquisition
- Announced: 2023-03-28
- Where: United Kingdom
- Value: $1.30M
- Status: completed
- Products: graphene-based solutions, advanced paints and coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Applied Graphene Materials](https://endata.com/companies/61906.md) (target)
- [Universal Matter](https://endata.com/companies/69741.md) (acquirer)

## Sources

- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/universal-matter-completes-acquisition-of-applied-graphene-materials-main-operating-businesses/), 2023-04-14: "The acquisition of AGM fits exceptionally well with UMI’s growth strategy by significantly enhancing our dispersion and application capabilities for advanced paints and coatings."
- [compositesworld.com](https://www.compositesworld.com/news/universal-matter-acquires-main-operating-business-of-applied-graphene-materials), 2023-04-18: "The acquisition aims to accelerate the growth of novel graphene-based solutions by combining UMI’s proprietary graphene capabilities and AGM’s dispersion platform technologies."

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