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Mergers & Acquisitions•26 June 2026•

1 min read

First Graphene completes MITO acquisition to accelerate US expansion

Key Facts

1First Graphene Ltd announced it has completed the acquisition of US-based MITO Material Solutions.

As part of efforts to expand its global footprint, First Graphene Ltd has announced the completion of its acquisition of US-based MITO Material Solutions, according to media reports. The deal aims to strengthen the company's presence in the US market and accelerate the growth of its graphene operations.

The US market is a strategic target for advanced graphene technologies, and the acquisition comes at a time of growing interest in industrial applications across energy and electronics sectors. The deal is expected to improve First Graphene's access to new customers and foster technical partnerships.

Investors will watch for integration milestones and any revenue guidance from the US market in the second half of the year. No immediate price data is available for FGR on the ASX, but the acquisition strengthens the company's strategic positioning over the medium term.