- Action Composites takes an important strategic step as company grows.
- Closing expected within the coming weeks.
- Christine Beuleke, managing director of Action Composites: "For Action Composites, the acquisition of tkCC is another step to quickly achieve global market leadership in CFRP wheels (motorcycle and passenger car)."
Today Action Composites has announced the acquisition of thyssenkrupp Carbon Components GmbH. This represents an important strategic step in the course of holistic corporate growth.
The two parties have agreed not to disclose the financial details of the transaction. The closing of the transaction is expected within the next few weeks.
thyssenkrupp Carbon Components was founded in 2012 in collaboration with TU Dresden. The highly qualified and motivated team from Kesselsdorf develops and produces, among other things, patented, braided and ultra-light high-performance rims for sports cars, motorbikes and chassis components. These products make a significant contribution to CO2 reduction in mobility.
Christine Beuleke, Managing Director of Action Composites, is excited: "For Action Composites, the purchase of tkCC is a further step towards quickly achieving global market leadership in the field of CFRP wheels (motorcycle and passenger car). The location in Saxony, with its proximity to the Technical University of Dresden, forms an excellent basis for the Action Composites Group's new technology and testing center. A special focus here is on the development of sustainable materials and production processes."
Michael Höllermann, CHRO of the Multi Tracks segment: “Carbon Components stands for highly innovative products. Under the new management of Action Composites, good prospects will open up for the employees. This was a decisive point for us in the sales negotiations.”
Action Composites, founded in 2011, is a leading company in the automotive composites sector with annual sales of around €70 million and approximately 1,800 employees at four locations. The company specializes in the development, design and production of carbon composite components. Customers include European premium vehicle manufacturers as well as international high-volume manufacturers.
ACTION COMPOSITES GmbH
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