Eastman Completes Acquisition of PremiumShield

Eastman Chemical Company has completed the acquisition of the business and assets of Matrix Films, LLC and its UK affiliate, PremiumShield Limited, marketer of PremiumShield performance films, including its extended line of automotive film patterns.

Eastman initially announced the agreement on September 13.

“The completion of this acquisition is another step in Eastman’s commitment to being a leading innovator and service partner for paint protection and window film professional installers,” says Erin Bernhardt, general manager of Eastman’s Performance Films business. “We’re extremely excited to add the PremiumShield team, assets, and dealer base to our Eastman Performance Films team.”

Terms of the transaction were not disclosed. The newly acquired business is part of Eastman’s Performance Films business of the company’s Advanced Materials segment.

SunTek is the 2020 PPF for Porsche Club of America Club Racing

Eastman Performance Films announced that SunTek is the official paint protection film (PPF) for Porsche Club of America (PCA) Club Racing for a second year. The company says it is proud of this connection between SunTek, its technologically advanced paint protection film brand, and PCA Club Racing, a Porsche Club of America program offering racing and rallies for passionate Porsche owners across Canada and the U.S.

“In 2019, we started a one of a kind sponsorship with PCA to further engage with Porsche owners and educate them about the benefits of the unique technology of SunTek PPF,” said Darrell Reed, commercial director, Eastman Performance Films. “2019 gave us face-to-face contact with thousands of people at PCA events, where Porsche enthusiasts were able to see firsthand the benefits of SunTek’s technology and how it maintains a flawless finish. PCA and SunTek are a great match, and we are honored that PCA pursued the continuation of this exciting relationship.”

The film is a self-healing, virtually invisible layer of defense against rocks, sand, salt, insects, and other road debris, the company adds.

“We are a club that encourages its members to Get Out and Drive their Porsches on the road and the track, as they were intended,” said Vu Nguyen, executive director of Porsche Club of America. “Having SunTek at our events has been incredibly educational for our members to better understand the differences between various PPF brands in the industry and the importance of choosing the right installer.”