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Kordsa acquires Fabric Development and Textile Products in the US · Endata

◂ Announcements

Aerospace Componentsworld trade 2024+1.2% 5Y CAGR

Industrial Textilesworld trade 2024+2.0% 5Y CAGR

Jul 25, 2018ACQUISITIONUnited States

Kordsa acquires Fabric Development and Textile Products in the US

Kordsa has acquired Fabric Development Inc. and Textile Products Inc., which provide advanced composite materials to the commercial aviation industry, for approximately $100 million.

Value

$100.0M

Status

Completed

Productsadvanced composite materials for commercial aviation

CompaniesKordsa acquirer Fabric Development Inc. target Textile Products Inc. target

Sectors#Aerospace Components #Industrial Textiles

“Kordsa has acquired Fabric Development Inc. (FDI) and Textile Products Inc. (TPI), which provide advanced composite materials to the commercial aviation industry, with an investment of approximately $100 million.”textileworld.com

1 source
textileworld.comKordsa Acquires Fabric Development, Textile Products In The United States | Textile WorldJim BornemanJul 25, 2018

Summarized from public sources; check the original articles before acting on it.

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Jul 18, 2019EXPANSIONİzmit, Türkiye$17.5Mops May 2019
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Mar 6, 2019PARTNERSHIP
Continental and Kordsa develop Cokoon adhesive technology
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Feb 18, 2019ACQUISITIONCalifornia, United States$181.0M
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