Madico announced a definitive agreement to acquire selected ClearPlex Corporation assets on November 18, 2016. The Utah-based business marketed protective films for transportation and electronic applications.
The buyer said it had already manufactured for ClearPlex for ten years. The agreement therefore extended an existing production relationship into a proposed asset acquisition, combining manufacturing and distribution resources with the target’s product and application expertise.
Madico’s later corporate history records the acquisition under 2016. The original release, however, announced a signed agreement and did not give a purchase price or closing day. The two sources do not establish that closing occurred on November 18.
For readers tracing windshield-protection-film businesses, the agreement is a useful ownership-history milestone. This brief reports its stated scope and does not infer that every ClearPlex liability transferred, that every product was included, or that marketing descriptions demonstrated protective performance in a specific application.
Sources & reporting notes
- ClearPlex joins Madico Madico · Source dated November 18, 2016
- Madico corporate history MadicoCurrent undated timeline used only for year-level completion context.
This article is an original, AI-assisted summary of the sources above. It does not claim firsthand reporting or independent product testing. Our editorial standards · Corrections policy