# Kordsa acquires Axiom Materials for USD 181 million

Kordsa, a subsidiary of Sabancı Holding, acquired US-based Axiom Materials for USD 181 million. Axiom Materials is a reinforcement technologies company.

- Type: Acquisition
- Announced: 2022-07-29
- Where: United States
- Value: $181.0M
- Status: completed
- Products: reinforcement technologies
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

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

## Sources

- [nonwoventechnology.com](https://nonwoventechnology.com/kordsa-acquires-axiom-materials-with-an-investment-of-usd-181-million/), 2022-07-29: "Kordsa, a subsidiary of Sabancı Holding and a global player in the reinforcement technologies market, acquired US-based Axiom Materials."

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