FREE MEMBERSHIP

Get your FREE Inside Composite membership

Sign me up!

24th July 2019, İzmit

Kordsa acquires Axiom Materials

Cenk Alper, Sabancı Holding Industrials Group President and Chairman of Kordsa, Mehmet Göçmen, Sabancı Holding CEO, and Ali Çalışkan, Kordsa CEO. © Kordsa

Cenk Alper, Sabancı Holding Industrials Group President and Chairman of Kordsa, Mehmet Göçmen, Sabancı Holding CEO, and Ali Çalışkan, Kordsa CEO. © Kordsa

Kordsa, a leading player in the reinforcement technologies market, has acquired US-based Axiom Materials. This acquisition of US$ 181 million paved the way for Kordsa to be the only worldwide qualified manufacturer of Oxide-Oxide ceramic matrix composites, the company reports.

Kordsa has stepped into the advanced composite materials industry with Composite Technologies Center of Excellence, conjointly established with Sabancı University. Kordsa has expanded its area of operations and competencies with its 2018’s acquisitions of Fabric Development, Textile Products and Advanced Honeycomb Technologies providing advanced composite materials to the aerospace industry.

With the acquisition of Axiom Materials, Kordsa has completed the first phase of its goal to build a second Kordsa in composite technologies. Widely used in aircraft engines, the value-added materials produced by Axiom Materials have different applications in various industries and are considered as the material of the future. This acquisition, which is critical to develop Kordsa’s competencies in strategic and high growth areas, strengthens Kordsa’s potential to develop new products, according to the company.

“We took a very important step that reinforces our vision Inspired from life, we reinforce life. With the acquisition of Axiom Materials providing advanced technology composite materials to the next generation transportation vehicles, as well as the aerospace industries and leading the composite market through its R&D studies, we have expanded our expertise in the field of composites and finalized the portfolio of advanced composite intermediates,” commented Ali Çalışkan, Kordsa CEO.

“With the acquisition of Axiom, we  completed the first phase of our goal to build a second Kordsa in composite technologies. Today, we are the only worldwide qualified manufacturer of Oxide-Oxide ceramic matrix composites. I am both proud and excited for the days ahead. After the tires, wings, hulls and the interior of the aircrafts, Kordsa will also reinforce aircraft engines.”

www.kordsa.com

This article is also appears in...

Comments

Be the first to comment on Kordsa acquires Axiom Materials

|

Back to Top