Tricon Energy has recently completed the acquisition of Polymat and Q-Logistics, a prominent Mexico-based logistics and polymer distribution company. This strategic move is a significant development for Tricon, emphasizing its commitment to the Mexican market and enhancing its capability to efficiently serve customers throughout the Americas in polymer distribution and logistics.
The integration of Polymat into Tricon’s operations is seen as a strategic alignment with Tricon's growth objectives and focus on customer service. Polymat, with over 35 years of experience, brings to Tricon a diversified product portfolio, three terminal shipment centers, and extensive warehousing facilities across Mexico. This acquisition is expected to not only open new avenues for Tricon but also foster synergies and strengthen its position in the polymer distribution sector.
Tricon aims to cultivate an entrepreneurial culture within its operations, emphasizing leadership in the transformation of polymer marketing and distribution. The inclusion of the Polymat and Q-Logistics team is anticipated to enhance the company's ability to provide reliable and high-quality services that add value in the market.
Alfredo Prince, Tricon’s Distribution Director for North America, commented on the acquisition as a testament to Tricon's expanding presence in the Americas and its dedication to offering optimal value through efficient logistics and distribution. He expressed eagerness to utilize Polymat's strengths to enhance service delivery to customers.
Angel Oria, General Manager of Polymat, shared his enthusiasm for joining forces with Tricon. He highlighted the merger as a validation of Polymat's success over its 35-plus years and as a promising new phase of growth in collaboration with Tricon. The merger is seen as an opportunity to better serve the polymer distribution market in Mexico and beyond.
According to the article by Procurement Resource, Tricon Energy has acquired Mexico's Polymat and Q-Logistics, enhancing its polymer distribution and logistics capabilities in the Americas. This strategic move strengthens Tricon's market position and leverages Polymat's 35-year expertise, expanding its service offerings and reinforcing its commitment to growth and customer service in the polymer sector.
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