# Kordsa Inc to buy minority stake in Microtex Composites for EUR 34.9M

Kordsa Inc, a subsidiary of Kordsa Teknik Tekstil, will acquire the 39% minority shares of Microtex Composites S.r.l for EUR 34,940,344. The acquisition is subject to option agreement and timing is uncertain.

- Type: Acquisition
- Announced: 2025-05-20
- Where: Italy
- Value: $38.0M (34.9M EUR)
- Status: announced
- Products: composite materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kordsa](https://endata.com/companies/28625.md) (acquirer)
- [Microtex Composites](https://endata.com/companies/33625.md) (target)
- [Kordsa Teknik Tekstil](https://endata.com/companies/34352.md) (partner)

## Sources

- [larende.com](https://www.larende.com/haber/kordsa-incden-microtex-compositesin-azinlik-paylarini-alma-karari-103896.html), 2025-05-20: "Şirketimizin yüzde 61 oranında dolaylı bağlı ortaklığı olan Microtex Composites S.r.l'nin yüzde 39'luk tutarındaki azınlık hissesinin opsiyon sözleşmesi çerçevesinde, şirketimizin bağlı ortaklığı Kordsa Inc. tarafından 34.940.344 avro bedelle satın alınmasına karar verilmiştir."

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