Kordsa to make two major U.S. acquisitions
(WorldNews Turkey)

Kordsa to make two major U.S. acquisitions 06.12.2017 Sabanci Holding CEO Mehmet Göçmen said: `Kordsa will be among the leading suppliers of commercial aviation industry with this investment` Kordsa, a Sabanci Holding subsidiary, announced today that in furtherance of its efforts to strengthen its strong global leadership in reinforcement technologies, with it has entered into a definitive purchase agreement to acquire two advanced composite technology companies in the United States. Following its Composite Technologies Center of Excellence investment, Turkey`s first industry-university collaboration investment, Kordsa plans to acquire Fabric Development Inc. (FDI) and Textile Products Inc....