# Kordsa acquires Axiom Materials for USD 181 million

Kordsa, a subsidiary of Sabanci Holding, acquired US-based Axiom Materials for USD 181 million, making Kordsa the only worldwide qualified manufacturer of oxide-oxide ceramic matrix composites.

- Type: Acquisition
- Announced: 2019-07-24
- Where: United States
- Value: $181.0M
- Status: completed
- Products: oxide-oxide ceramic matrix composites, advanced composite materials
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kordsa](https://endata.com/companies/28625.md) (acquirer)
- [Axiom Materials](https://endata.com/companies/30440.md) (target)

## Sources

- [texdata.com](https://www.texdata.com/news/Composites/12432.html), 2019-07-24: "With this investment, Kordsa became the only worldwide qualified manufacturer of oxide-oxide ceramic matrix composites."
- [m.aa.com.tr](https://m.aa.com.tr/sq/turqia/kompania-turke-blen-prodhuesin-amerikan-axiom-materials/1540193), 2019-07-24: "Kompania turke e gomave dhe përforcimit të ndërtimit Kordsa ka blerë prodhuesin e materialeve të përziera të bazuar në SHBA 'Axiom Materials' me një vlerë prej 181 milionë dollarësh."

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