# Mitsubishi Chemical acquires 44% stake in CPC

Mitsubishi Chemical acquired a 44% stake in CPC, an Italian carbon fiber machining company, from CEO Franco Iorio. The agreement was signed on October 4, 2017.

- Type: Acquisition
- Announced: 2017-10-04
- Where: Modena, Italy, Italy
- Status: completed
- Products: carbon fiber components, prototyping services
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Mitsubishi Chemical Corporation](https://endata.com/companies/5545.md) (acquirer)
- [CPC Corporation](https://endata.com/companies/14192.md) (target)

## Sources

- [lapressa.it](https://www.lapressa.it/articoli/economia/mitsubishi-chemical-acquisisce-44-della-modenese-cpc), 2017-10-18: "Saremo la loro antenna tecnologica in Europa."

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