Regions :: North America
Mitsubishi Rayon to acquire Aldila, maker of carbon fiber composite products
6:30 AM MST | December 11, 2012 | Natasha Alperowicz
Mitsubishi Rayon says it has entered into an agreement to acquire Aldila (Poway, CA), which will strengthen and expand Mitsubishi Rayon’s graphite golf-shafts and carbon fiber intermediate materials businesses globally. Subject to a stockholders' resolution obtained at the stockholders’ meeting scheduled for 27 December 2012 as well as approvals by appropriate authorities required in the United States, a US subsidiary formed by Mitsubishi Rayon and Aldila will merge with Aldila as the surviving company, and Aldila will become 100% subsidiary...
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