First Graphene to acquire MITO Material Solutions, strengthening US graphene footprint

MITO is an advanced materials company with established graphene-based products and manufacturing operations in the United States, meaning the transaction enhances both First Graphene’s commercial footprint and its technical capabilities. The acquisition will extend First Graphene’s portfolio beyond its PureGRAPH powders and dispersions into functionalized graphene and graphene oxide products. MITO’s offerings include E-GO, LIGRA, OMEGA and DELTA, which are used across thermosets, thermoplastics, composites, coatings, resins and liquid systems. The deal also adds capabilities in functionalizing graphite, graphene and graphene oxide, along with access to manufacturing equipment, licenses and know-how.

First Graphene (ASX: FGR) has announced an agreement to acquire the assets, intellectual property, product lines and manufacturing capabilities of US-based MITO Material Solutions for up to $850,000, in a move aimed at strengthening its presence in North America and expanding its graphene offering.MITO is an advanced materials company with established graphene-based products and manufacturing operations in the United States, meaning the transaction enhances both First Graphene’s commercial footprint and its technical capabilities. The acquisition will extend First Graphene’s portfolio beyond its PureGRAPH powders and dispersions into functionalized graphene and graphene oxide products. MITO’s offerings include E-GO, LIGRA, OMEGA and DELTA, which are used across thermosets, thermoplastics, composites, coatings, resins and liquid systems. The deal also adds capabilities in functionalizing graphite, graphene and graphene oxide, along with access to manufacturing equipment, licenses and know-how.

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