# SGL Carbon sells 51% stake in SGL Kümpers joint venture to Kümpers GmbH

SGL Carbon SE sold its 51% shareholding in the SGL Kümpers joint venture to Kümpers GmbH and Franz-Jürgen Kümpers. Financial details were not disclosed.

- Type: Acquisition
- Announced: 2018-01-10
- Where: Germany
- Status: completed
- Products: carbon fibers, fabrics, braids, composites
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SGL Carbon](https://endata.com/companies/5998.md)
- [Kümpers GmbH](https://endata.com/companies/29297.md) (acquirer)
- [Franz-Jürgen Kümpers](https://endata.com/companies/29298.md) (acquirer)

## Sources

- [texdata.com](https://www.texdata.com/news/Composites/10977.html), 2018-01-10: "SGL Carbon SE has sold its 51% shareholding in the SGL Kümpers GmbH & Co. KG joint venture to Kümpers GmbH and Franz-Jürgen Kümpers."
- [sglcarbon.com](https://www.sglcarbon.com/en/newsroom/news/press-report/sgl-carbon-has-sold-its-shareholding-in-sgl-kuempers-to-the-joint-venture-partner-kuempers/), 2018-01-10: "SGL Carbon SE has sold its 51% shareholding in the SGL Kümpers GmbH & Co. KG joint venture to Kümpers GmbH and Franz-Jürgen Kümpers."

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