# Albis Plastic buys Wipag Group, gains CFRP technology

Albis Plastic GmbH acquired Wipag Group, gaining cutting-edge carbon fiber reinforced plastics (CFRP) technology. The deal was announced on October 6, 2017.

- Type: Acquisition
- Announced: 2017-10-06
- Where: Germany
- Status: announced
- Products: carbon fiber reinforced plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Albis Plastic GmbH](https://endata.com/companies/26736.md) (acquirer)
- [Wipag Group](https://endata.com/companies/27214.md) (target)

## Sources

- [plasticsnews.com](https://www.plasticsnews.com/article/20171006/NEWS/310069999/albis-plastic-buys-wipag-group-gains-cutting-edge-cfrp-technology/), 2017-10-06: "Albis Plastic buys Wipag Group, gains 'cutting-edge' CFRP technology"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.