Formerra Acquires Suministro

Formerra, a global distributor of highly engineered thermoplastic resins, additives, and other specialty polymers, has announced the acquisition of Suministro de Especialidades (“Suministro”). This strategic move reinforces Formerra’s position as a leading distributor of engineered materials in Mexico while broadening its portfolio of elastomers, adhesives, and other performance additives. Based in Mexico City, Suministro serves a wide-ranging customer base across diverse and growing markets in Mexico, including industrial, automotive, and consumer. The company partners with its strong supplier network to offer a complete set of material solutions, supported by comprehensive formulation and testing services. Suministro’s founder and the entire existing team will join Formerra and continue to support Suministro customers with exemplary service. Cathy Dodd, Chief Executive Officer at Formerra, commented, "Welcoming Suministro as a Formerra company augments our ability to serve customers in Mexico with an extensive distribution network, and an enriched array of complementary materials and technical service capabilities. The combination also fortifies our supplier relationships, allowing us to diversify our portfolio across North America, while solidifying our footprint in central and southern Mexico." With this acquisition, Formerra underscores its commitment to better support customers and suppliers in Mexico. Combined capabilities include nationwide geographic coverage, extensive technical sales support, comprehensive engineered materials portfolio and value-added services.   Source