July 2019, Cambridge, UK
Client Location: Turkey
Target: Axiom Materials Inc
Target Location: United States
Worth: $181 million USD
Future Materials Group (FMG) is delighted to announce the completion of Kordsa’s recent acquisition of Axiom Materials Inc. The transaction, with a deal value of approximately $181 million USD, further expands Kordsa’s capabilities in the advanced composites market.
Kordsa, a Sabanci Holding subsidiary and leader in reinforcement technologies, was exclusively advised by FMG, the award-winning, advisory firm focused on the advanced composites and speciality materials sectors.
Based in the US, Axiom Materials Inc. is a specialist prepreg material manufacturer supplying prepregs, ceramic matrix composites and ancillary materials to the aviation, defense and industrial markets.
With this acquisition, Kordsa has further expanded its global manufacturing presence as well as enhancing its portfolio of advanced composite material technologies to offer a complete package of solutions in aerospace and industrial markets.