By: ICN Bureau
Last updated : June 12, 2024 10:12 pm
Strategically expand revenue base downstream in the value chain
Sumitomo Corporation has signed a share purchase agreement and a shareholders agreement to invest in Epsilon Composite S.A.S. The investment was completed after obtaining the necessary approvals from the authorities.
EC is a carbon fiber reinforced plastic (hereafter CFRP) manufacturer established in 1987. EC manufactures high-performance CFRP products at low cost using a unique method of manufacturing called pultrusion combined with proprietary technologies.
With sales offices in Japan, Italy, Austria, Mexico, and other countries, EC operates worldwide in a wide range of industries, including construction, general industries such as camera tripods and robotic arms, sports and leisure, aviation, and the energy industry.