First Graphene completes acquisition of Mito Material Solutions
Australian company First Graphene Limited has finalized its acquisition of Mito Material Solutions. The deal strengthens the company's position in the graphene materials market.
First Graphene Limited has announced the completion of its acquisition of US-based Mito Material Solutions. The transaction, first revealed on June 18, 2026, marks a strategic move for First Graphene's expansion in the graphene sector.
Mito Material Solutions specializes in advanced graphene coatings, and the acquisition is expected to enhance First Graphene's product offerings and technological capabilities. The integration aims to bolster First Graphene's global market presence and unlock new business avenues.
First Graphene, a materials engineering company, is listed on the Australian Securities Exchange (ASX: FGR). Its focus lies in developing and commercializing various graphene-based materials for diverse industrial applications. Recent announcements also detail progress in trials for graphene-enhanced cement roof tiles and expansion into North American markets.
The company's share price has seen fluctuations, with a market capitalization of approximately AUD 49 million as of June 19, 2026. Matters concerning corporate actions and financial reporting are regularly disclosed to the ASX.