SGL Carbon GmbH to Acquire All the Shares of FISIPE

april 9 2012

Negofor, SGPS, SA and SGL Carbon GmbH have celebrated an agreement of purchase and sale of shares for the acquisition by SGL Carbon GmbH of all the 133 601 489 shares of FISIPE – Fibras Sinteticas de Portugal, SA held by Negofor, SGPS, SA.

The SGL Group is the largest European producer of carbon fibre and composite materials. Their activities include also the production of graphite. With this operation, the SGL Group intends to assure the supply of precursor for their carbon fibre plants.

The production and commercialization of acrylic fibre for special and technical textiles will proceed in the usual conditions. The current management will remain in function in the company.

Fisipe (Fibras Sinteticas de Portugal SA) is a producer of acrylic fibres with a plant in Lavradio, Portugal. Its previous principal shareholder was Negofor.

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