Mexican Media Brands
VW to Buy 25% Stake in Carbon-Fiber Supplier
Volkswagen AG's Porsche unit is preparing to acquire a 25% stake in German carbon-fiber maker Capricorn Composite GmbH.
Share
Volkswagen AG's Porsche unit is preparing to acquire a 25% stake in German carbon-fiber maker Capricorn Composite GmbH. The companies expect to complete the deal within about two weeks.
Capricorn currently supplies carbon-fiber plastic components for Porsche's 918 Spyder supercar and LMP1 race cars.
The deal gives VW a second source of weight-saving carbon-fiber plastics the company is likely to use more broadly to meet future fuel economy standards. The company already owns nearly 10% of competing supplier SGL Carbon SE.
RELATED CONTENT
-
TRW Multi-Axis Acceleration Sensors Developed
Admittedly, this appears to be nothing more than a plastic molded part with an inserted bolt-shaped metal component.
-
The Koenigsegg Jesko Has An Amazing Engine
It is hard to believe that this is a vehicle in “serial” production with such extraordinary powertrain performance
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
