Gurit, a company that specializes in advanced composites, completed the acquisition of a 60% stake in Fiberline Composites, a company that specializes in pultruded carbon and glass blade spar components and blade root inserts, for $68m. "We welcome our new colleagues from Fiberline Composites to the Gurit family. The joint product portfolio and combined technology and innovation capabilities of both companies allows us to further strengthen our position as one-stop-shop and solution providers for our customers. This acquisition is an important step to fulfill the strategic goals defined in our "One Gurit Strategy 2025," Mitja Schulz, Gurit CEO.