BYM Product and Industry News- USA & UK. Hexcel acquires 50% interest in Formax, a leader in low areal weight & unique Multi-Axial Fabrics solutions
Hexcel Corporation (NYSE:HXL)(Paris:HXL) announced today that it has acquired 50% of Formax UK Limited, a leading manufacturer of composite reinforcements, specializing in the production of lightweight multi-axial fabrics.