# SAERTEX acquires German carbon fiber fabric manufacturer TK Industries GmbH

SAERTEX announced the acquisition of all shares of TK Industries GmbH, a German manufacturer of large tow multiaxial carbon fiber fabrics, to increase capacity and reduce lead times.

- Type: Acquisition
- Announced: 2024-01-15
- Where: Selbitz, Germany, Germany
- Status: announced
- Products: carbon fiber fabrics, multiaxial carbon fiber fabrics
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SAERTEX](https://endata.com/companies/38117.md)
- [TK Industries](https://endata.com/companies/41927.md) (target)

## Sources

- [haythink.com](https://www.haythink.com/saertex-acquires-german-carbon-fiber-fabric-manufacturer-tk-industries-gmbh/), 2024-01-15: "The acquisition of TK Industries will provide us with additional capacity in the short term to meet growing demand for carbon fiber fabrics, thereby reducing lead times."

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