Announced
Completed
Financials
Tags
Friendly
Germany
Diversified Materials
Cross Border
Completed
Single Bidder
ceramic products
Acquisition
Private
Minority
Synopsis
ITP Aero, an aero-engine company, completed the acquisition of BJS Ceramics, a chemical manufacturing company. Financial terms were not disclosed. "With ITP Aero we attracted a capable long-term Partner that will enable us to further expand our fiber competencies throughout Europe. This step allows ITP to access SiC Fibers and accelerate its strategy to develop components derived therefrom with a secure all-European supply-chain,” Armin Bruch, BJS Executive Partner.
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