Clearwater has advised Tenax, a world-leading producer of speciality chemicals, abrasives, and tooling for natural stone, engineered stone, and ceramic slabs, on the acquisition of NEST, a specialist in diamond tools for quartz processing.
Established in Italy, in 1956, Tenax is renowned worldwide as an excellent producer of mastics, epoxy systems, surface treatments, and abrasives. With a rich history spanning over 65 years, Tenax has consistently delivered innovative and technological solutions for surface transformation as well as treatment. Operating throughout six branches across four continents, the company's products are distributed worldwide and reach over 100 countries.
NEST is an Italian company with a complete production line for manufacturing metal-bonded and resin-bonded diamond tools, used in the calibration, grinding, and polishing of natural quartz and engineered stone.
This new strategic transaction, which prioritises the continuity of management, will empower both Tenax and NEST to broaden their existing range of tools, strengthening the group's positioning through strategic synergy in areas such as R&D, production capacity, and market presence.
Along with a deep understanding of the industry and a constant focus on innovation, this transaction will unite the two entities to achieve even greater performance in a market that demands increasingly higher standards.
