SGL Group acquires carbon group

SGL Technologies Composites, a subsidiary of SGL Carbon SE, has acquired a 50% share in Benteler Carbon Composites in the Benteler-SGL GmbH joint venture, becoming the sole owner of the company.

‘The complete takeover of Benteler-SGL enables us to expand our serial production capabilities for components made from fiber-reinforced composites,’ said Jürgen Köhler, CEO of SGL Group. ‘In future, we will be able to offer our customers one-stop-shop solutions along all steps of the value chain, from carbon fibers to materials and components. This serial production expertise will also be made available to other industries.’ ‘We will continue our successful partnership with SGL Group in the future to purchase products made of glass or carbon fiber reinforced plastic, where necessary,’ added Laurent Favre, CEO of Benteler Automotive.

Composite components The Benteler-SGL joint venture was founded in 2008 and is a developer and large-scale producer of lightweight composite components based on glass and carbon fiber for the automotive industry. In 2016, the joint venture generated sales revenues of around €33 million with a workforce of 221. Its product range includes components such as car roofs, rear spoilers, and leaf springs made from fiber composite materials. Manufacturers such as Audi, BMW, Lamborghini, Porsche and Volvo are among its customers. Following the acquisition, the company's two sites in in Austria will become part of SGL’s Composites Fibers & Materials (CFM) business unit and will operate under the SGL Group brand. 

This story is reprinted from material from SGLwith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.