# 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.

- Type: Acquisition
- Announced: 2018-07-25
- Where: United States
- Value: $100.0M
- Status: completed
- Products: advanced composite materials for commercial aviation
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kordsa](https://endata.com/companies/28625.md) (acquirer)
- [Fabric Development Inc.](https://endata.com/companies/28626.md) (target)
- [Textile Products Inc.](https://endata.com/companies/28627.md) (target)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2018/07/kordsa-acquires-fabric-development-inc-and-textile-products-inc-in-the-us/), 2018-07-25: "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."

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