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People & Business :: M&A
Cytec acquires German engineering company C-CON
7:10 AM MDT | March 13, 2014 | Lindsay Frost
Cytec announced that it has acquired an equity position in C-CON Holdings (Herrenkreuth, Germany), an engineering, design, and process development company. The companies also signed a joint development agreement for carbon fiber reinforced polymer processing techniques for high-volume production for the serial automotive market. Financial terms of the agreement were not disclosed. C-CON serves several European automotive OEM companies, including BMW, Daimler, and Volkswagen-Audi by developing components and processes from the initial design through readiness for...
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