Powder & Bulk Solids is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Eastman Strikes Deal to Buy Performance Films Maker

Article-Eastman Strikes Deal to Buy Performance Films Maker

Image courtesy of Eastman Screen Shot 2021-02-03 at 10.24.22 AM.png
The firm said its acquisition of Matrix Films will expand its paint protection film pattern development capabilities.

American chemical maker Eastman Chemical Co. announced Monday that it entered into an agreement to purchase the business and assets of performance films manufacturer and marketer Matrix Films LLC, including its PremiumShield brand and line of automotive film patterns.

“We are excited to add the experience, capabilities, and dealer base of the PremiumShield team to Eastman’s industry-leading team to jointly create greater strength and differentiation,” said Erin Bernhardt, general manager of the Performance Films business in Eastman’s Advanced Materials segment, in a release. “The combination of PremiumShield’s experienced team and extensive pattern database creates great growth synergies and will further establish Eastman as an industry leader in performance films.”

The transaction will enable Eastman to expand its paint protection film development capabilities, pattern database, and installation training expertise. Matrix Films also complements the firm’s automotive dealer base in North America, Europe, and the Middle East, fostering growth in window films and paint protection films.

Eastman anticipates that the transaction will close this year.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.