Mitsubishi Chemical Corporation (MCC) announced that it will acquire a German Carbon Fiber Prepreg Manufacturer, c-m-p GmbH through its subsidiary, Mitsubishi Chemical Advanced Material in a move to strengthen its presence in the carbon fiber composite material business. The closing of the acquisition will be in February 2020.
C-m-p has production technology of unidirectional /fabric prepreg and provides solutions to various markets, particularly in the aerospace and automotive fields. By this acquisition, MCC will have prepreg plants in Europe, USA and Japan. Addition to the start-up of MCC’s sheet molding compound (SMC) production facility in Modena, Italy, MCC will enhance its capacity to produce carbon fiber composite materials in Europe, where the mobility markets are taking the lead in applications for advanced composite materials.