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SGL Group acquires carbon fiber manufacturer epo
06 Nov '07
3 min read
SGL Group – The Carbon Company – has strengthened its core expertise in high-performance materials by acquiring epo GmbH, one of the leading European manufacturers of carbon fiber composites.
Particularly as manufacturer of unidirectional semifinished carbon fiber -based products (prepregs) , epo ranks among the technology leaders. With a global presence in these markets, epo GmbH generated sales of around € 20 million in 2006. The transaction is still subject to approval by the antitrust authorities.
Dr. Hariolf Kottmann, Member of SGL Group's Board of Management: ”With this strategic acquisition, SGL Group has strengthened its market position as the sole European integrated carbon fibers and composites manufacturer .
The integration of epo's business activities into the Business Unit Carbon Fibers and Composites (CFC) will enlarge SGL Group's technological expertise and expand its capacity for producing carbon fiber composites. In addition, epo's product portfolio and international market presence are a perfect match to SGL Group's resources.”
Based in Willich (Germany), epo GmbH specializes in high-performance, carbon fiber-based composites combining ultra-low weight with high mechanical strength and stiffness. Due to these characteristics, composite materials are in increasing demand as substitutes in a wide range of industrial applications, particularly in aerospace, mechanical engineering and plant construction, as well as in the automotive industry.
Particularly as manufacturer of unidirectional semifinished carbon fiber -based products (prepregs) , epo ranks among the technology leaders. With a global presence in these markets, epo GmbH generated sales of around € 20 million in 2006. The transaction is still subject to approval by the antitrust authorities.
Dr. Hariolf Kottmann, Member of SGL Group's Board of Management: ”With this strategic acquisition, SGL Group has strengthened its market position as the sole European integrated carbon fibers and composites manufacturer .
The integration of epo's business activities into the Business Unit Carbon Fibers and Composites (CFC) will enlarge SGL Group's technological expertise and expand its capacity for producing carbon fiber composites. In addition, epo's product portfolio and international market presence are a perfect match to SGL Group's resources.”
Based in Willich (Germany), epo GmbH specializes in high-performance, carbon fiber-based composites combining ultra-low weight with high mechanical strength and stiffness. Due to these characteristics, composite materials are in increasing demand as substitutes in a wide range of industrial applications, particularly in aerospace, mechanical engineering and plant construction, as well as in the automotive industry.
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