Hexcel completes Structil acquisition
Hexcel Corporation has completed the acquisition of Structil SA, a French producer and supplier of composites for aerospace, defense and industry. Structil is a joint venture between Safran Ceramics, a wholly owned subsidiary of Safran, and Mitsubishi Chemical Corporation (formerly Mitsubishi Rayon Corporation). The company employs approximately 70 people at a 68,000 ft2 production plant in Vert-lePetit, France.
Structil's 2016 sales were approximately US$21 million and its product lines include prepregs, structural adhesives and pultruded profiles used in engine nacelles, aerospace interiors and military jets.
‘We are pleased to complete the transaction and to welcome the Structil team to Hexcel,’ said Hexcel’s chairman, CEO and president. ‘Together, we will strengthen our development capability and technologies for next-generation aerospace and industrial applications.’
This story is reprinted from material from Hexcel, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
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