# ITP Aero acquires 10% stake in BJS Ceramics

ITP Aero, a Spanish aerospace turbine components company, acquired approximately 10% of BJS Ceramics GmbH, a German startup producing silicon carbide fibers and preceramic polymers. The companies also agreed to collaborate on developing next-generation ceramic matrix composites for aircraft turbines.

- Type: Acquisition
- Announced: 2023-04-05
- Where: Gersthofen, Germany
- Status: completed
- Products: silicon carbide fibers, ceramic matrix composites
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ITP Aero](https://endata.com/companies/3897.md) (acquirer)
- [BJS Ceramics](https://endata.com/companies/69548.md) (target)

## Sources

- [bavairia.net](https://www.bavairia.net/2023/04/05/der-bavairia-e-v-wuenscht-frohe-ostern/), 2023-04-05: "Wir haben mit ITP Aero einen hochkompetenten, langfristigen Partner gewonnen, mit dem wir unsere Faserkompetenz in Europa weiter ausbauen können."
- [orka.law](https://orka.law/en/orth-kluth-advises-german-high-tech-company-bjs-ceramics-gmbh-on-acquisition-of-a-stake-by-itp-aero-%e2%96%b8/), 2023-05-15: "ITP Aero, the leading Spanish company for engine components based in Bilbao, has acquired a 10% stake in BJS Ceramics GmbH."

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