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2nd October 2017, Stamford, CT

Hexcel strengthens development capability

Structil SA is a French supplier of composites to the aerospace, defence and industrial markets. Hexcel Corporation has completed the acquisition of all of the shares of Structil SA, a French producer and supplier of high-performance composites to the aerospace, defence and industrial markets.

“We are pleased to complete the transaction and to welcome the Structil team to Hexcel. Together, we will strengthen our development capability and technologies for next-generation aerospace and industrial applications,” commented Nick Stanage, Hexcel’s Chairman, CEO and President.

Structil is a joint venture between Safran Ceramics, a wholly owned subsidiary of Safran, and Mitsubishi Chemical Corporation (formerly Mitsubishi Rayon Corporation). The company employs approximately 70 people at a 68,000-square-foot production plant on a seven-acre site in Vert-le-Petit, France, about 25 miles south of Paris.

Structil's 2016 sales were approximately US$ 21 million. The company’s product lines include prepregs, structural adhesives and pultruded profiles used in engine nacelles, aerospace interiors, military jets and more.

Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials including carbon fibres, specialty reinforcements, prepregs and other fibre-reinforced matrix materials, honeycomb, adhesives, engineered core and composite structures for use in commercial aerospace, space and defence and industrial applications.

www.hexcel.com

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