The deal will add 3,000 coatings formulations to HZO’s portfolio, facilitate joint product development, and use Dymax’s global sales channel to extend market reach.
Dymax (Torrington, Conn.) manufactures rapid light-cure adhesives, conformal coatings, potting compounds and complementary dispensing and curing equipment used in medtech and other industries. The partnership will address product requirements based on trends in IoT adoption, edge computing, ruggedization, electronic miniaturization and lightweight devices, as well as help manufacturers rethink how they produce and protect their offerings, according to Dymax and Morrisville, N.C.-based HZO.
“Quick-cure conformal coatings from Dymax and next-generation nanocoatings from HZO, delivered through a single source, will accelerate market entry, streamline procurement, and enhance product performance, delivering a better, more durable offering,” said HZO CEO Rich Holder in a news release. “This partnership aligns with our core strategy of delivering a complete customer solution and builds on years of working together serving some of the biggest brands in the business.”
“HZO’s leadership in thin-film sub-20-micron solutions will help meet our customer requirements for twenty-first-century device protection,” added Jason Maupin, chief commercial officer of Dymax. “The agreement provides for the production of new formulations, including sustainable alternatives, that will drive the alliance to the forefront of innovation.”