# Connova Group acquires majority stake in Hightex Verstärkungsstrukturen

Hightex Verstärkungsstrukturen GmbH became a new member of the Connova Group, with Connova as the majority shareholder. Hightex will continue as an independent company within the group, specializing in 2D and 3D preforms for high-performance fiber composites.

- Type: Acquisition
- Announced: 2024-08-06
- Where: Klipphausen, Germany
- Value: $22.0M (20.0M EUR)
- Status: completed
- Products: 2D and 3D preforms for fiber composites, tailored fiber placement structures
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Connova AG](https://endata.com/companies/71132.md) (acquirer)
- [Hightex Verstärkungsstrukturen](https://endata.com/companies/79038.md) (target)

## Sources

- [composites-united.com](https://www.composites-united.com/hightex-verstaerkungsstrukturen-gmbh-ist-neues-mitglied-der-connova-group/), 2024-08-06: "In der Connova-Group hat Hightex einen guten Partner als Mehrheitsgesellschafter gefunden."

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