SGL Technologies Composites Acquires 50% Share of BENTELER Carbon Composites Beteiligungs-GmbH

November 13 2017

SGL Technologies Composites Holding GmbH, a fully owned subsidiary of SGL Carbon SE, acquires the 50-percent share of BENTELER Carbon Composites Beteiligungs-GmbH in the joint venture BENTELER-SGL GmbH & Co. KG, Paderborn. Thus, SGL Carbon SE becomes the sole owner of the company. A corresponding agreement on the sale, which should be completed by the end of 2017, has been signed by the two shareholders. The transaction is subject to the usual approval of the relevant authorities.

Following the acquisition, the company's two sites in Ried and Ort (both located in Austria's Innkreis region) will become part of the Composites – Fibers & Materials (CFM) business unit and will operate under the SGL Group brand.

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