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Porsche will buy 25% stake in carbon-fiber manufacturer Capricorn

2015-03-03 16:50:50| Electronics - Topix.net

Porsche plans to buy a 25 percent stake in a German supplier and carbon-fiber producer, widening access to the lightweight material used in its top-end sports cars. Porsche and Capricorn Composite GmbH, a supplier of components for the LMP1 and 918 Spyder models, are targeting completion of the deal in about two weeks after signing an agreement on Monday, the carmaker said Tuesday in a statement.

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