Mattr

What Mattr does

Mattr Corp. (TSX: MATR) is a publicly listed Canadian materials technology company headquartered in Toronto that designs, manufactures and distributes engineered products for critical infrastructure end-markets including oil and gas, mining, utilities, electrical infrastructure, automotive/transportation and municipal water management. The company operates through five core brands: Shawflex (engineered wire, cable and assemblies), AmerCable (jacketed power, control and instrumentation cables including GEXOL Type P and LSHF for offshore and mining), DSG-Canusa (heat-shrink and cold-shrink tubing with 50+ years of materials science expertise), Flexpipe (spoolable composite linepipe with 15+ patents and 20+ year design life) and Xerxes (corrosion-resistant fiberglass tanks and HydroChain stormwater systems). Manufacturing is concentrated in North America across roughly twenty facilities in Canada (Calgary, Vaughan, Edmonton) and the United States (El Dorado, Katy, Rockwall, Fairfield, Seguin, Williamsport, Tipton, Dallas, Houston, Midland), with international distribution reach into Australia and selected global markets.

Mattr generates revenue primarily through one-time product sales of engineered hardware sold under multi-year supply contracts at quote-based pricing to industrial enterprise customers and channel partners. The go-to-motion combines Regional Sales Managers targeting OEMs and end-users, an established channel/distributor network (notably for Shawflex), and direct brand-website lead capture. The January 2025 acquisition of AmerCable materially expanded the U.S. wire and cable footprint and contributed the bulk of FY2025's 43% revenue growth to $1.27B. In Q1 2026, Mattr reported revenue of $321.8M (+0.5% YoY), operating income of $22.6M (+22.3%) but net income from continuing operations of just $7.4M (-84.6%) and adjusted EBITDA of $39.6M (-14.9%), reflecting unfavorable sales mix and higher input costs. Recent strategic activity includes a US$300M credit facility extended to October 2030, partnerships with Daon and the New Zealand Department of Internal Affairs into digital identity infrastructure, and capacity expansion via new Rockwall (TX) and Vaughan (ON) plants, signaling an industrial company that is adding adjacent digital infrastructure optionality while digesting a major acquisition.

Name

Mattr

Legal name

Mattr Corp.

Website

https://mattr.com

Company type

Public

Founded year

2023

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Mattr Corp. (TSX: MATR) is a Canadian materials technology company that designs, manufactures and distributes engineered wire, cable, heat-shrink tubing, composite linepipe and fiberglass storage tanks through brands Shawflex, AmerCable, DSG-Canusa, Flexpipe and Xerxes for oil and gas, mining, utility, electrical infrastructure and municipal customers globally.

Ownership category

akta.pro rank

Product category

Advanced Industrial Materials Manufacturing

NAICS

Plastics Pipe, Pipe Fitting, and Unlaminated Profile Shape Manufacturing (32612), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Rubber and Plastics Hoses and Belting Manufacturing (32622)

SIC

Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820), Miscellaneous Plastics Products (3080), Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Shrink, Stretch & Wrap Films (Pallet Wrap, Shrink Sleeves/Overwrap) (IMALABAF)

akta.pro secondary industries

Industrial & Chemical Rigid Plastic Packaging (Drums, Pails, Jerrycans) (IMALAAAG), Industrial & Protective Thermoformed Packaging (Dunnage, Trays, Clamshells) (IMANAHAC)

Keywords

• Advanced materials manufacturing
• Engineered wire and cable
• Composite linepipe solutions
• Heat-shrink tubing products
• Fiberglass storage tanks

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices21 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Product Sales (Composite Technologies): Revenue from sale of composite linepipe products (Flexpipe), fiberglass storage tanks (Xerxes), and related installation services. Products are sold directly to end-users in oil and gas, water management, and infrastructure markets.
2. Product Sales (Connection Technologies): Revenue from sale of heat-shrink tubing (DSG-Canusa), wire and cable products (Shawflex, AmerCable). Products are sold through direct sales teams and distribution channels to industrial customers.
3. Acquisition-Driven Growth: AmerCable acquisition in January 2025 contributed to 43% revenue increase to $1.27B, establishing U.S. wire and cable manufacturing footprint. Revenue driven by increased exposure to North American wire and cable markets.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Mattr manufactures and sells advanced engineered materials and physical infrastructure products through six brand divisions: Shawflex and AmerCable (engineered wire, cable and assemblies), DSG-Canusa (heat-shrink and cold-shrink tubing), Flexpipe (spoolable composite linepipe), Xerxes (fiberglass underground storage tanks and HydroChain stormwater management systems), and Thermotite (pipeline coatings). Products are sold primarily to industrial and infrastructure customers in oil and gas, mining, utilities, automotive and municipal markets across North America, Australia and other international geographies.

Product overview

Mattr is a materials technology company organized into five distinct product divisions serving critical infrastructure markets worldwide. The portfolio includes: Shawflex and AmerCable for engineered wire, cable and assemblies (Shawflex serving industrial and infrastructure markets; AmerCable providing jacketed power, control and instrumentation cables for mining, oil and gas and industrial applications); DSG-Canusa for heat-shrink and cold-shrink tubing solutions serving automotive, aerospace, utilities, nuclear and renewable energy markets; Flexpipe for spoolable composite linepipe used in oil and gas, CO2 injection and water applications; and Xerxes for fiberglass underground storage tanks and HydroChain stormwater management systems. An additional product line, Thermotite, provides pipeline coating solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Shawflex Engineered Wire, Cable and Assemblies Shawflex offers highly engineered wire, cable and harness technologies serving industrial and infrastructure markets across North America, sold through direct enterprise sales teams and channel partner networks.
• AmerCable Jacketed Electrical Power, Control and Instrumentation Cables AmerCable manufactures ISO 9001:2015 certified low and medium-voltage jacketed electrical power, control and instrumentation cables for harsh mining, oil and gas, and industrial applications. Offers include Tiger Brand heavy-duty mining cables and GEXOL Type P and LSHF cable systems for offshore platforms and industrial settings.
• DSG-Canusa Heat-Shrink and Cold-Shrink Tubing DSG-Canusa produces integrated heat-shrink tubing, cold-applied products, and application equipment including polyolefin, fluoropolymer and elastomer tubing in various wall thicknesses. Products meet or exceed EN, LV, SAE, CSA, UL international standards and serve automotive, aerospace, nuclear, renewable energy, communications and utility customers globally.
• Flexpipe Spoolable Composite Linepipe Flexpipe manufactures spoolable, non-metallic reinforced thermoplastic composite linepipe with a 20+ year design life. Products serve oil and gas gathering, gas distribution, CO2 injection, water gathering, and enhanced oil recovery applications, delivering 30-40% capital cost savings versus steel linepipe and 50% installation crew reduction.
• Xerxes Fiberglass Storage Tanks and HydroChain Stormwater Management Xerxes delivers market-leading premium composite underground fiberglass storage tanks for fuel and water storage applications, serving retail fuel stations, convenience stores, hospitals, government centers, fire departments, transportation hubs and local greenhouses. The HydroChain stormwater management system offers treatment, filtration, storage and conveyance products.
• Thermotite Pipeline Coating Solutions Thermotite provides pipeline coating solutions for infrastructure protection, available as part of Mattr's contact-driven sales engagement.
• Mattr Digital Credential Issuance Platform Mattr's digital credential issuance platform enables government agencies to issue cryptographically verified digital credentials compliant with international standards. The platform supports mobile driver's licenses (mDLs) through a partnership with Daon and is designed to modernize identity sharing, reduce paperwork and improve cost efficiency in public sector credentialing.

Quantifiable outcome

• 30-40% capital cost savings compared to steel linepipe
• +4 more outcomes

Named customers14 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Two partnerships are on record, tiered flagship and strategic.

• New Zealand Department of Internal AffairsflagshipStrategic or Co-development Partner · 18 November 2025New Zealand government department managing Mattr's digital credential issuance platform to enable government agencies to issue secure digital credentials. First trial involves Ministry of Business, Innovation and Employment issuing digital credentials to company directors. Initiative aims to modernize identity sharing, reduce paperwork, and improve cost efficiency.
• DaonstrategicTechnology or Integration · 29 October 2025Daon and Mattr partnership to support mobile driver's licenses (mDLs) in Daon's biometric identity platform. The collaboration allows the issuance and verification of cryptographically verified digital credentials compliant with international standards, enhancing digital ID security and user control.

Scale indicators12 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Prysmian Group: World's largest wire and cable manufacturer with extensive product portfolio across energy, telecommunications, and infrastructure. Directly comparable as a broad incumbent in the same wire and cable market Mattr serves via Shawflex and AmerCable.
• Nexans: Global cable and connectivity solutions provider serving power, data, and telecom markets. Comparable as a broad incumbent in wire and cable with overlapping customer base in energy infrastructure and industrial applications.

Direct peers

• Atkore: Manufacturer of electrical raceway products, cable, and infrastructure solutions serving construction, industrial, and energy markets. Directly comparable to Mattr's Shawflex and AmerCable businesses in electrical infrastructure.
• TE Connectivity: Global leader in connectivity and sensor solutions, including Raychem heat-shrink tubing products for industrial and energy applications. Direct competitor to Mattr's DSG-Canusa heat-shrink tubing business.
• Trelleborg Group: Engineered polymer solutions provider serving offshore oil & gas, infrastructure, and industrial markets. Comparable to Mattr's Flexpipe composite linepipe and engineered polymer products in similar end markets.
• Southwire Company: North American leader in wire and cable manufacturing serving utility, construction, and industrial markets. Direct peer to AmerCable and Shawflex with overlapping customer base in North American infrastructure.
• Strongwell Corporation: Manufacturer of fiberglass reinforced polymer (FRP) products for construction, infrastructure, and industrial applications. Comparable to Mattr's Xerxes fiberglass tanks and composite material expertise.
• nVent Electric: Provider of electrical connection and protection solutions, including heat-shrink products inherited from 3M. Direct competitor to DSG-Canusa in heat-shrink tubing for industrial and infrastructure applications.
• Encore Wire Corporation: U.S. manufacturer of copper and aluminum wire and cable products for residential, commercial, and industrial markets. Comparable to Mattr's Shawflex and AmerCable in wire and cable manufacturing.
• CST Industries: Manufacturer of storage tanks and covers including Containment Solutions fiberglass underground tanks for fuel and water. Direct competitor to Xerxes in fiberglass storage tank market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@mattrinfrastructuretechnology
• LinkedInlinkedin.com/company/mattrcorp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mattr