# Secar Technologie acquires 100% of LiteCon

Secar Technologie GmbH acquired 100% of LiteCon GmbH on July 1, 2023. LiteCon, a high-tech composites company based in Hönigsberg, Styria, was founded in 2014 as a joint venture between Evonik Industries and Secar Technologie.

- Type: Acquisition
- Announced: 2023-02-11
- Where: Hönigsberg, Styria, Austria
- Status: completed
- Products: Triple F rigid foam cores, composite lightweight construction solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Secar Technologie GmbH](https://endata.com/companies/68499.md) (acquirer)
- [LiteCon GmbH](https://endata.com/companies/68500.md) (target)

## Sources

- [litecon.at](https://litecon.at/en/about-us/), 2023-02-11: "Secar Technologie GmbH acquired 100% of the company Litecon on July 1, 2023."

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