Monterrey, N.L., Mexico – June 5th, 2024.

Verzatec Group, a global player with over five decades of expertise in advanced materials, is pleased to announce the formalization of its acquisition of Plastiglas de Mexico S.A. de C.V., a subsidiary of Unigel Group.

This strategic step means that Plastiglas is now part of Verzatec Group, marking a significant milestone in Verzatec’s trajectory and reinforcing its leadership in the Americas.

By integrating Plastiglas de Mexico’s strengths into its portfolio, Verzatec Group further consolidates its position as a key producer and distributor of fiberglass-reinforced plastic laminates, polycarbonate sheets, and interior and exterior panels. Plastiglas de Mexico’s strong market presence in cell casting acrylic sheets across Mexico, the USA and Canada complements Verzatec’s existing capabilities and expands its reach in high-value applications and key regions.

Strengthening the Verzatec Group Portfolio

The announcement that Plastiglas is now part of Verzatec Group reflects a clearly defined strategic vision: to offer customers a broader, more integrated range of high-performance plastic solutions.

With this acquisition, Verzatec Group:

  • Expands its product offering with cell cast acrylic sheets, a segment in which Plastiglas de Mexico is recognized as a market leader.
  • Strengthens its presence in North America, adding new channels and customer relationships in Mexico, the United States and Canada.
  • Combines decades of technical expertise in FRP panels, polycarbonate sheets and acrylic sheet technologies, creating a more complete solution portfolio for industries such as construction, transportation, signage, architecture and industrial applications.

This synergy means that customers will benefit from a more robust portfolio, backed by the combined engineering, manufacturing and service capabilities of both organizations.

A Shared Commitment to Innovation and Customer Focus

“We are delighted to finalize the acquisition of Plastiglas de Mexico, a move that aligns seamlessly with our commitment to innovation, quality, and customer-centricity.
Together, we look forward to drive sustained growth as we continue to meet the evolving needs of our valued customers.”
– Alfredo Ibarra, CEO of Verzatec Group

By sharing this long-term vision, the message that Plastiglas is now part of Verzatec Group goes beyond a simple corporate transaction. It underscores a joint commitment to:

  • Continuous improvement in product innovation and performance
  • Reliable technical support and service for customers in multiple regions
  • Developing new solutions that anticipate trends in design, sustainability and regulatory requirements

“Joining forces with Verzatec Group marks an exciting new chapter for Plastiglas de Mexico. Our shared dedication to innovation and customer satisfaction positions us for even greater success in the dynamic markets we serve. We are confident that together, we will unlock new opportunities and deliver value to our customers and stakeholders.”
– Baltazar Manfro, CEO of Plastiglas de Mexico

By bringing together the teams, technologies and experience of both companies, the fact that Plastiglas is now part of Verzatec Group paves the way for expanded capabilities, better service and stronger support for customers across the value chain.

Value for Customers, Partners and Stakeholders

As Verzatec Group embarks on this new chapter, it remains dedicated to upholding the highest standards of excellence, while delivering value to its stakeholders. The integration of Plastiglas de Mexico is designed to provide:

  • Greater product variety: A larger and more diverse catalog of acrylic, FRP and polycarbonate solutions for different markets and applications.
  • Enhanced technical know-how: Combined engineering and R&D capabilities that help customers choose the right material for each project.
  • Stronger regional presence: More agile service and supply to customers in Mexico, the USA and Canada, with the backing of Verzatec’s global footprint.
  • Operational synergies: Opportunities to optimize manufacturing, logistics and service processes, ultimately benefiting customers through reliability and efficiency.

For distributors, specifiers and end users, the fact that Plastiglas is now part of Verzatec Group means access to a more complete, integrated and future-ready set of solutions.

About Plastiglas de Mexico S.A. de C.V.

Plastiglas de Mexico S.A. de C.V., formerly a subsidiary of the Unigel Group and now part of Verzatec Group, is a market leader in cell casting acrylic sheets with significant operations in Mexico, the USA and Canada.

Plastiglas de Mexico is:

  • Renowned for its innovative solutions in acrylic sheet production
  • Known for a strong commitment to quality and consistency
  • A trusted supplier for a diverse range of clients across multiple sectors, including architecture, signage, industrial applications and specialty products

Now that Plastiglas is part of Verzatec Group, its recognized brand, technical knowledge and production expertise become a key pillar within Verzatec’s broader global strategy.

Frequently Asked Questions (FAQs)

1. What does it mean that Plastiglas is now part of Verzatec Group?

When we say Plastiglas is now part of Verzatec Group, it means that Plastiglas de Mexico S.A. de C.V. has been formally acquired and integrated into Verzatec’s corporate structure. Plastiglas will now operate as part of Verzatec Group’s portfolio, contributing its expertise in cell cast acrylic sheets to Verzatec’s broader range of FRP, polycarbonate and panel solutions.

2. How does this acquisition benefit current Plastiglas customers?

Because Plastiglas is now part of Verzatec Group, customers can expect:

  • Access to a wider product portfolio, including fiberglass-reinforced laminates and polycarbonate sheets
  • The backing of a larger, experienced global organization with over five decades in the market
  • Potential improvements in logistics, technical support and product development, driven by shared resources and know-how

In most cases, existing relationships and points of contact will be maintained, ensuring continuity of service.

3. Will the Plastiglas brand disappear now that Plastiglas is part of Verzatec Group?

When Plastiglas is now part of Verzatec Group, brand strategies are typically reviewed to maximize recognition and value for customers. While the long-term brand architecture will be defined by Verzatec, the Plastiglas name is a recognized asset, especially in cell casting acrylic sheets, and is expected to continue playing an important role in the market.

4. Does the acquisition affect operations in Mexico, the USA and Canada?

Yes, but in a positive way. Since Plastiglas is now part of Verzatec Group, operations in Mexico, the USA and Canada will benefit from:

  • Stronger regional integration within Verzatec’s network
  • Potential investment in capabilities, innovation and service
  • Increased ability to serve customers across North America with coordinated production and distribution

The objective is to enhance, not disrupt, the service Plastiglas has historically provided in these markets.

5. What sectors will be most impacted by the fact that Plastiglas is now part of Verzatec Group?

The integration that Plastiglas is now part of Verzatec Group will be especially relevant for sectors that rely on:

  • Cell cast acrylic sheets (architecture, signage, displays, specialty glazing)
  • FRP and polycarbonate solutions (construction, industrial, transportation, institutional projects)

By combining product lines and expertise, Verzatec Group aims to offer more complete solutions to customers across these sectors.

6. How can I learn more about the changes now that Plastiglas is part of Verzatec Group?

For more detailed information on how Plastiglas is now part of Verzatec Group and what it means for your specific business or projects, you can:

  • Contact your usual Plastiglas representative
  • Reach out directly to Verzatec Group’s customer service or commercial team
  • Visit Verzatec Group’s corporate communication channels for updates on product integration and future developments

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