SGL Carbon SE will acquire the 49% stake in stages, becoming the sole owner of SGL ACF
Purchase is in line with the strategy of supplying every step of the carbon fiber value chain from a single source
Cooperation with BMW Group on the supply of carbon fiber materials will continue
No impact on BMW AG’s shareholding in SGL Carbon SE
Wiesbaden/Munich, November 24, 2017. SGL Carbon SE is acquiring BMW Group’s 49% equity investment in the joint ventures SGL Automotive Carbon Fibers GmbH & Co. KG (Germany) and SGL Automotive Carbon Fibers LLC (US) – together referred to as ‘ SGL ACF’. An agreement on this matter was signed by SGL Group and BMW Group today. Once the deal has been completed, SGL Group will be the sole owner of SGL ACF. As is customary, the transaction is subject to approval from the respective authorities.