# KAP AG acquires majority stake in AerO Coated Fabrics B.V.

KAP AG announced the acquisition of an 80% stake in AerO Coated Fabrics B.V., a Dutch manufacturer of thermoplastic composite materials for niche markets such as CIPP liners and agricultural applications. The stake will be increased to 100%.

- Type: Acquisition
- Announced: 2021-02-17
- Where: Netherlands
- Status: completed
- Products: thermoplastic composite materials, CIPP liners, TPO tarpaulins
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [KAP AG](https://endata.com/companies/52195.md) (acquirer)
- [AerO Coated Fabrics B.V.](https://endata.com/companies/53282.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/corporate/kap-ag-strengthens-extrusion-coating-expertise-in-the-flexible-films-segment-with-acquisition-of-dutch-company-aero-coated-fabrics-b-v/7ed7bd87-c815-419e-9828-84e71ca83942), 2021-02-17: "This acquisition will enable us to expand our leading market position in attractive niche markets further and also tap into new niche markets with joint sales and development work."
- [kap.de](https://www.kap.de/en/press/press-releases/kap-ag-staerkt-ihre-extrusionsbeschichtungskompetenz-um-segment-flexible-films-mit-uebernahme-der-niederlaendischen-aero-coated-fabrics-bv), 2021-02-17: "Die KAP AG hat heute den Abschluss einer Vereinbarung für die mehrheitliche Übernahme der AerO Coated Fabrics B.V. im Segment flexible films bekanntgegeben."
- [kap.de](https://www.kap.de/en/press/press-releases/xx), 2021-02-17: "KAP AG today announced the completion of an agreement to acquire a majority stake in AerO Coated Fabrics B.V."

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