07 January 2011
07 January 2011
Automotive component supplier Mubea is to take over the controlling shareholding of EOS Invest in the Carbo Tech Group, the manufacturer of composite components for the motor racing and automotive industries.
The takeover of the shares will be implemented at the beginning of 2011 and the company will trade under the name of Mubea Carbo Tech GmbH. The headquarters remain in Salzburg for research and development, as well as prototype and serial production.
Carbo Tech has a turnover of around 40 million with approximately 350 employees, with significant growth is expected in the years to come, amongst other things through a contract to supply McLaren Automotive from January 2011 with production monocoques in carbon fibre (CFK).
The Mubea Group has adjusted its product portfolio in recent years to emphasize lightweight construction technology. With the purchase of the Carbo Tech shares, Mubea will expand its lightweight construction expertise into cutting edge materials. Amongst other things, Mubea has commissioned research into springs that exploit new weight reduction techniques through substituting steel with composite materials.
The University of Southern Queensland (USQ) has partnered with Composites Australia to provide Australian civil and composite engineers with access to the latest knowledge on an innovative reinforcing solution to the costly corrosion of concrete infrastructure.
Composite products, based on polyurethane technologies from global chemical company Huntsman, are taking centre stage at a design exhibition at the Design Museum Gent, Belgium.
The Brazilian composite sector expects to close 2018 with a turnover of US$ 685 million, a high of 3.8% compared to the previous year.