# Cotesa GmbH sold to Chinese investor Changzhou QFAT Composite Material

Shareholders of Cotesa GmbH, a Saxon aircraft supplier of fiber composite components, sold the company to Chinese investor Changzhou QFAT Composite Material. The transaction was reviewed under Germany's tightened foreign trade investment control regime and cleared in April 2018.

- Type: Acquisition
- Announced: 2018-05-23
- Where: Saxony, Germany
- Status: completed
- Products: fiber composite components for aviation and automotive
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [COTESA GmbH](https://endata.com/companies/24621.md) (target)
- [Changzhou QFAT Composite Material](https://endata.com/companies/32039.md) (acquirer)

## Sources

- [fyb.de](https://www.fyb.de/en/shareholders-sell-aircraft-supplier-cotesa-to-chinese-investors/), 2018-05-23: "The Saxon aircraft supplier Cotesa is a manufacturer of high-quality fiber composite components for the aviation and automotive industries."

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