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Aug 22, 2017ACQUISITION

GON Holding takes majority stake in Compositence GmbH

Chinese advanced material manufacturer GON Holding acquired a majority stake in Compositence GmbH, a specialist in preforming technologies for carbon and glass fibers. The deal aims to combine GON's material background with Compositence's know-how to serve global industry customers.

Status

Announced

Productspreforming technologies for carbon and glass fibersautomated fibre placement technology

CompaniesGON Holding acquirer Compositence GmbH target

Sectors#Automotive Components #Aerospace Components

“With GON, we gained a top-class partner having an advanced material background and market access as well as the right mind-set to provide Compositence unique know-how with a long termed perspective.”htgf.de

1 source
htgf.deCompositence GmbH gains GON Holding as strategic partnerHTGF AdministratorAug 22, 2017

Summarized from public sources; check the original articles before acting on it.

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