Guzman Minerals completed the acquisition of Matrix Metamaterials from Matrix Chemicals.

Guzman Minerals, a supplier of industrial and chemical raw materials, completed the acquisition of Matrix Metamaterials, a chemical manufacturer, from Matrix Chemicals, a chemical company. Financial terms were not disclosed. Matrix shall continue its focus in China and to pursue diversification of its portfolio, horizontally and vertically with mineral sands. Matrix shall further enhance its high technology materials portfolio, such as its Metal-Injection-Molding (MIM) business globally.