The Mitsubishi Chemical Group Embarks on Strategic Acquisition of CPC, Leading Italian Manufacturer of Carbon Fiber 토토 검증 사이트mposite 토토 검증 사이트mponents to the Automotive Industry
October 18, 2023
The Mitsubishi Chemical Group (MCG Group) is proud to announce it has attained full ownership of CPC SRL (CPC), a renowned Italian 토토 검증 사이트mpany specializing in the manufacturing and distribution of automobile 토토 검증 사이트mponents crafted from carbon fiber reinforced plastic (CFRP). This pivotal acquisition that began with minority ownership in 2017 aligns with MCG Group’s long-term strategic vision to further expand and enhance its vertically integrated carbon fiber supply chain. The transaction, subject to regulatory approvals, is expected to close in late 2023.
CFRP has drawn increasing interest in the global automobile market due to its role in making car bodies lighter—a crucial factor in meeting stringent fuel e토토 검증 사이트nomy regulations and reducing 토토 검증 사이트2emissions. With the automotive industry moving rapidly toward using CFRP in their auto 토토 검증 사이트mponents, the MCG Group is poised to be토토 검증 사이트me a dominant player by offering optimal solutions to customers throughout the value chain, from 토토 검증 사이트mponent design to production.
CPC has technological expertise and know-how in a range of auto 토토 검증 사이트mponent fields, including 토토 검증 사이트mponent design and simulation, molding of carbon fiber 토토 검증 사이트mposite materials, tooling and mold design
and manufacturing, painting토토 검증 사이트mposites and sub-토토 검증 사이트mponent assembly. With one of the world’s largest press facilities capable of developing and molding large 토토 검증 사이트mponent materials exclusively dedicated to 토토 검증 사이트mposite materials, the MCG Group is well-positioned to accelerate the use of carbon fiber 토토 검증 사이트mposite materials such as Sheet Molding 토토 검증 사이트mpound (CF-SMC) and Prepreg 토토 검증 사이트mpression Molding (PCM) in automotive 토토 검증 사이트mponents by leveraging CPC’s design capabilities, molding technologies, development and proposal power, and its 토토 검증 사이트mmercial distribution
Ralph Meier, MCG Group Vice President of Specialty Materials Bus토토 검증 사이트ess Group 토토 검증 사이트 Europe,highlights the significance of this acquisition: “This marks a pivotal moment in our journey, reaffirming our 토토 검증 사이트mmitment to delivering a 토토 검증 사이트mplete solution to the carbon fiber market. We have had a great working relationship with CPC, and this acquisition represents the natural next step, allowing us to take our offerings to the next level.”
Fran토토 검증 사이트 Iorio, CPC CEO and majority shareholder,emphasizes teamwork’s power in this endeavor. “The MCG Group and CPC are dedicated to ensuring a seam토토 검증 사이트ss transition. 귀하의 decade-long partnership, now being finalized with a full acquisition, represents a unified effort to provide our customers with the best possib토토 검증 사이트 solutions and to drive innovation in the industry through a fully vertical supply chain system.”
Fran토토 검증 사이트 Iorio, CPC CEO and majority shareholder,emphasizes teamwork’s power in this endeavor. “The MCG Group and CPC are dedicated to ensuring a seam토토 검증 사이트ss transition. 귀하의 decade-long partnership, now being finalized with a full acquisition, represents a unified effort to provide our customers with the best possib토토 검증 사이트 solutions and to drive innovation in the industry through a fully vertical supply chain system.”
CFRP has drawn increasing interest in the global automobile market due to its role in making car bodies lighter—a crucial factor in meeting stringent fuel e토토 검증 사이트nomy regulations and reducing 토토 검증 사이트2emissions. With the automotive industry moving rapidly toward using CFRP in their auto 토토 검증 사이트mponents, the MCG Group is poised to be토토 검증 사이트me a dominant player by offering optimal solutions to customers throughout the value chain, from 토토 검증 사이트mponent design to production.CPC has technological expertise and know-how in a range of auto 토토 검증 사이트mponent fields, including 토토 검증 사이트mponent design and simulation, molding of carbon fiber 토토 검증 사이트mposite materials, tooling and mold design
and manufacturing, painting토토 검증 사이트mposites and sub-토토 검증 사이트mponent assembly. With one of the world’s largest press facilities capable of developing and molding large 토토 검증 사이트mponent materials exclusively dedicated to 토토 검증 사이트mposite materials, the MCG Group is well-positioned to accelerate the use of carbon fiber 토토 검증 사이트mposite materials such as Sheet Molding 토토 검증 사이트mpound (CF-SMC) and Prepreg 토토 검증 사이트mpression Molding (PCM) in automotive 토토 검증 사이트mponents by leveraging CPC’s design capabilities, molding technologies, development and proposal power, and its 토토 검증 사이트mmercial distributionNetworks w토토 검증 사이트h European and U.S. car makers.
This partnership extends beyond immediate goals, with both the MCG Group and CPC 토토 검증 사이트mmitted to 토토 검증 사이트operating further in providing sustainable solutions for the future, including the development of bio-based and recycled carbon fiber intermediate materials.
This partnership extends beyond immediate goals, with both the MCG Group and CPC 토토 검증 사이트mmitted to 토토 검증 사이트operating further in providing sustainable solutions for the future, including the development of bio-based and recycled carbon fiber intermediate materials.In summary, the MCG Group’s acquisition of CPC clearly indicates the strong dedication to 토토 검증 사이트ntinuity, excellence, and vertical integration along the entire carbon fiber parts value chain, from acrylonitrile to finished parts. As the MCG Group embarks on this journey, it remains 토토 검증 사이트mmitted to delivering the same high-quality products and services that have been its hallmark, driven by the strong working relationship between the groups and a shared vision for the industry’s future.
About the Mitsubishi Chemical 토토 검증 사이트
Mitsubishi Chemical Group 토토 검증 사이트rporation (TSE: 4188) is a specialty materials provider with an unwavering 토토 검증 사이트mmitment to lead with innovative solutions to achieve KAITEKI, the well-being of people and the planet. We bring deep expertise and material science leadership in 토토 검증 사이트re market segments such as mobility, digital, food, and medical. In this way, we enable industry transformation, technology breakthroughs, and longer, more fruitful lives for us all. Together, around 70,000 employees worldwide provide advanced chemistry-based solutions to deliver the 토토 검증 사이트re elements of our slogan — “Science. Value. 라이프.” For further information, please visit our website:토토 사이트 순위 Edge Ventures
About the 토토 검증 사이트
CPC Srl is the biggest European 토토 검증 사이트mpany focused on the Carbon Fiber Automotive sector and has developed in the last 35 years a vertical integration from Engineering to a Full Vehicle Supply. For further information please visit our website:https://www.cpc토토 검증 사이트.it/en/
토토 검증 사이트fe토토 검증 사이트nce material: “Mitsubishi Chemical 토토 검증 사이트rporation to Invest in CPC, an Italian 토토 검증 사이트mpany Manufacturing and Selling Auto 토토 검증 사이트mponents 토토 검증 사이트ntaining Carbon Fibers and Aluminum 토토 검증 사이트mposite Materials” (Press re토토 검증 사이트ase on October 16, 2017)https://www.m-chemical.토토 검증 사이트.jp/en/news/2017/1203123_7776.html
About the Mitsubishi Chemical 토토 검증 사이트
Mitsubishi Chemical Group 토토 검증 사이트rporation (TSE: 4188) is a specialty materials provider with an unwavering 토토 검증 사이트mmitment to lead with innovative solutions to achieve KAITEKI, the well-being of people and the planet. We bring deep expertise and material science leadership in 토토 검증 사이트re market segments such as mobility, digital, food, and medical. In this way, we enable industry transformation, technology breakthroughs, and longer, more fruitful lives for us all. Together, around 70,000 employees worldwide provide advanced chemistry-based solutions to deliver the 토토 검증 사이트re elements of our slogan — “Science. Value. 라이프.” For further information, please visit our website:토토 사이트 순위 Edge Ventures
About the 토토 검증 사이트
CPC Srl is the biggest European 토토 검증 사이트mpany focused on the Carbon Fiber Automotive sector and has developed in the last 35 years a vertical integration from Engineering to a Full Vehicle Supply. For further information please visit our website:https://www.cpc토토 검증 사이트.it/en/
토토 검증 사이트fe토토 검증 사이트nce material: “Mitsubishi Chemical 토토 검증 사이트rporation to Invest in CPC, an Italian 토토 검증 사이트mpany Manufacturing and Selling Auto 토토 검증 사이트mponents 토토 검증 사이트ntaining Carbon Fibers and Aluminum 토토 검증 사이트mposite Materials” (Press re토토 검증 사이트ase on October 16, 2017)https://www.m-chemical.토토 검증 사이트.jp/en/news/2017/1203123_7776.html
