Matrix Adhesives Group Launches Platform through Recapitalizations of Guy Chemical and Nuco
Dan Horner, an industry veteran and Matrix CEO, will lead the combined Matrix platform.
Matrix Adhesives Group recently announced the launch of a North American adhesive and sealant manufacturing and packaging platform formed from the contemporaneous recapitalizations of Guy Chemical Company LLC and Nuco, Inc. by Goldner Hawn, a private equity firm. Dan Horner, an industry veteran and Matrix CEO, partnered with Goldner Hawn and, together with the prior owners and the management teams at Guy Chemical and Nuco, holds an ownership stake in Matrix.
With manufacturing locations in Guelph, Ontario, Canada, and Somerset, Pa., Matrix reports that it serves blue-chip customers across consumer and industrial markets. The company offers formulation, compounding, filling, and packaging capabilities through state-of-the-art facilities, automated production lines, and mixing tanks. The combined Matrix platform is led by Horner, while Guy Berkebile continues to run and lead Guy Chemical, and Wendy Adams is leading Nuco’s operations with continued involvement from prior co-owner, Scott Gray.