C&T Matrix has confirmed the acquisition of Clear Group, based in Valencia, Spain. One of the company’s key strategies is to become closer to its customers through investment with key distributors as well as the extension of its manufacturing capabilities.
The investment will bring significant benefits to both parties. C&T benefits from securing its long term distribution in Southern Europe and from gaining access to Clear’s extended manufactured range of products. Clear can take advantage C&T’s global manufacturing experience, its distribution scale and strong financial support.
Simon Shenton, Managing Director of C&T Matrix comments, “C&T and Clear have enjoyed a long and fruitful relationship and further cooperation was inevitable, given the calibre of people and products within the Clear organisation. I am excited that Clear Group is joining the C&T Matrix family and believe this partnership to be a perfect strategic fit for both businesses. Most importantly, our customers will see real benefits in terms of product diversity, customer service and technical support. The products developed and manufactured by Clear are of cutting edge quality and I am anxious to makes these available throughout the C&T group of companies.”
Juan Carlos Montesinos, CEO, Clear Group, states, “C&T is a natural partner for Clear Group and together we will be able to achieve great things. We will be able to offer more technical service and consultancy to our end user customers thanks to the additional resources we can make use of from within the C&T Matrix group as well as the experience of the Group’s worldwide distribution network. Furthermore, the additional financial resources available within the Group will ensure that investment in R&D remains at the forefront of our strategy as we seek to offer customers more new and innovative products.”