Hexcel strengthens position in composites sector

Hexcel Corporation has acquired full ownership of Formax UK Limited. Hexcel earlier acquired a 50% interest in the privately-owned company in December 2014. 

 

Located in Leicester, UK, Formax is a leading manufacturer of composite reinforcements, specializing in the production of lightweight carbon fiber multi-axials and highly engineered glass fiber and aramid fiber fabrics. 

 

With the Formax acquisition,  Hexcel will further advance dry reinforcements technology for future aerospace applications and serve the growing industrial markets.