SAERTEX acquires TK Industries

 

SAERTEX (Saerbeck, Germany) announced that it has acquired full shares in TK Industries GmbH (Selbitz, Germany), a medium-sized manufacturer of heavy-tow, multiaxial carbon fiber fabrics.

According to SAERTEX, TK Industries’ manufacturing technology is optimized for the use of cost-efficient 24K and 50K rovings, which complements SAERTEX’s current range of multiaxial fabrics. Applicable markets include the industrial and transport sectors, boatbuilding, marine, wind energy and infrastructure. SAERTEX plans to use common resources in purchasing, production and distribution.

“The acquisition of TK Industries will provide us with additional capacity in the short term to meet the ever-increasing demand for carbon fiber fabrics and thus enable improved delivery times for our customers,” says Christoph Geyer, CEO of SAERTEX Group.

“We have seen initial successes and are confident that, through the close collaboration, we will further enhance our range of multiaxial carbon fabrics. Our strength lies in spreading heavy tows at low areal weights and processing them into lightweight NCFs [non-crimp fabrics],” says Mirko Ackermann, operations manager at TK Industries.