# Kordsa merges subsidiaries Axiom Materials and Advanced Honeycomb Technologies

Kordsa Teknik Tekstil A.Ş announced the merger of its wholly-owned subsidiaries Axiom Materials Inc and Advanced Honeycomb Technologies Corp into Axiom Materials Inc, effective November 30, 2022, to create synergies in North American operations.

- Type: Acquisition
- Announced: 2022-11-30
- Where: United States
- Status: completed
- Products: technical textiles, honeycomb materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Axiom Materials](https://endata.com/companies/30440.md) (acquirer)
- [Kordsa Teknik Tekstil](https://endata.com/companies/34352.md) (partner)
- [Advanced Honeycomb Technologies Corporation](https://endata.com/companies/34709.md) (target)

## Sources

- [ruhanews.com](https://www.ruhanews.com/haber/89483/kordsa-nin-bagli-ortakliklarinin-birlesimi.html), 2022-11-30: "bağlı ortaklıklarından Kordsa Inc'in yüzde 100 bağlı ortaklıkları konumunda bulunan Axiom Materials Inc ile Advanced Honeycomb Technologies Corp. şirketlerinin 30 Kasım 2022 tarihi itibariyle Axiom Materials Inc bünyesinde devir yoluyla birleşmesine ilişkin yasal izinlerin alınmasına ilişkin süreç b"

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