Applied Graphene Materials plc (LON:AGM), announces that it has signed a distribution agreement with Maroon Group LLC (Headquarters Avon, Ohio, USA). The agreement adds significantly to AGM’s growing commercial distribution network and provides a direct route into the coatings and polymers sectors across the United States and Canada.
Maroon Group is a world class distributor of specialty chemicals and ingredients across North America. Founded in 1977 and based in Avon, Ohio, Maroon Group is comprised of several regional operating companies focused on specific markets and geographies. Each operating company leverages a common infrastructure of industry leading technology, value-add services, formulary support, global sourcing & logistics network, and a commitment to Creating Customer Success®. This operating philosophy has enabled Maroon Group to offer its customers and principal suppliers national capabilities while maintaining a local focus.
AGM and Maroon Group have an exclusive agreement that will see the two companies collaborating on customer opportunities and introduce AGM’s proprietary Genable® graphene dispersions technology into the United States and Canadian coatings and polymers markets.
In addition to its own commercial hubs in the U.K. and the United States, AGM now has distribution agreements with local expert chemicals and coatings distributors in the United States, Canada, the Netherlands, Belgium, Luxembourg, Greece, Italy, South Africa and Japan.
Adrian Potts, Applied Graphene Materials CEO commented:
“I am delighted to announce Maroon Group as a very strong partner to help AGM drive commercial uptake of our graphene products in the North American market. Maroon Group has leading expertise in additive sales and customer service, which is essential to support sales at this early stage of the graphene market’s development. With decades of experience in the region, their impressive network and consumer relationships will open up significant potential for AGM.
This is the second distribution agreement we have announced in as many weeks and will more than triple the size of the number of sales team members amongst our distribution partners that can help drive sales of AGM’s products since June. We are very excited to be building considerable momentum in the expansion of our global sales network.”
Thomas Papasso, Vice President Principal Management for Coatings, Adhesives, Sealants and Elastomers, Maroon Group commented:
“The team at Maroon Group is very excited to partner with Applied Graphene Materials. Their unique line of graphene dispersions is a perfect example of how Maroon Group strives to bring real innovation and value to our customers.”