# SGL Group to acquire BENTELER's 50% stake in BENTELER-SGL joint venture

SGL Carbon SE agreed to acquire BENTELER's 50% share in the joint venture BENTELER-SGL GmbH & Co. KG, making SGL the sole owner. The transaction is expected to close by end of 2017, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2017-11-08
- Where: Paderborn, Germany, Germany
- Status: announced
- Products: fiber-reinforced composite components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [SGL Carbon](https://endata.com/companies/5998.md) (acquirer)
- [BMW](https://endata.com/companies/13009.md) (target)
- [SGL Automotive Carbon Fibers](https://endata.com/companies/20204.md) (target)
- [Benteler](https://endata.com/companies/27592.md) (target)
- [BENTELER Carbon Composites Beteiligungs-GmbH](https://endata.com/companies/28093.md) (target)

## Sources

- [sglcarbon.com](https://www.sglcarbon.com/en/newsroom/news/press-report/benteler-and-sgl-group-agree-to-the-sale-of-the-benteler-shares-in-the-joint-venture-benteler-sgl-to/), 2017-11-08: "The complete takeover of BENTELER-SGL enables us to expand our serial production capabilities for components made from fiber-reinforced composites."
- [compositesworld.com](https://www.compositesworld.com/news/sgl-group-buys-out-all-of-benteler-sgl-joint-venture), 2017-11-13: "The complete takeover of BENTELER-SGL enables us to expand our serial production capabilities for components made from fiber-reinforced composites."
- [sglcarbon.com](https://www.sglcarbon.com/en/newsroom/news/press-report/ad-hoc-sgl-group-acquires-bmw-groups-minority-interest-in-the-joint-venture-sgl-automotive-carbon/), 2017-11-24: "SGL Carbon SE is acquiring BMW Group's 49% equity investment in the joint ventures SGL Automotive Carbon Fibers GmbH & Co. KG and SGL Automotive Carbon Fibers LLC."

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