The Saxon State Minister for Economic Affairs, Labour and Transport, Martin Dulig, is delighted with the company takeover: "The company has successfully managed the transfer from research to industry. Of course, innovations then have to hold their own against classic products in highly competitive markets. I am pleased that with Action Composites, an experienced partner is advancing this future-oriented and cross-sectional technology in Saxony and offering good prospects for the approximately 100 employees. The continuation of Carbon Components under the umbrella of Action Composites strengthens lightweight construction in Saxony and the innovation location Saxony as a whole."

Action Composites GmbH, as a strategic owner with long-term planning, will not only secure jobs in the future, but also offer employees prospects for the future. Finally yet importantly, the innovative strength of the Dresden/Kesselsdorf location was a decisive argument for the decision of the Austrian entrepreneurial family. The flourishing university and research landscape with the TU Dresden as an innovation driver is a guarantee for innovative technology developments and a highly qualified workforce.

"The company in Kesselsdorf has produced several innovative product developments in recent years. In this respect, the establishment of the new Action Composites GmbH technology and testing center at the site speaks for a continuation of the development of highly innovative products. With the Austrian Action Composites GmbH as the new owner, the automotive supply industry in Saxony will also be strengthened. The lightweight construction and fiber composite materials segment in particular is one of the areas with great growth potential that we want to further expand in the future at the business location," says Thomas Horn, Managing Director of the Saxony Economic Development Corporation.

Christine Beuleke, Managing Director of Action Composites: "At Action Composites we are proud to add the innovation hotbed in Kesselsdorf to our group of companies and thus expand our broad portfolio to include high-quality carbon wheels. In this merger, we will work together on the development and production of innovative and internationally unique components in the CFRP sector."

The company in Kesselsdorf near Dresden was founded in 2012 on the university environment. The carbon wheels produced by Action Composites Hightech GmbH are manufactured in a highly automated process using a patented braiding technology on the world’s largest radial braiding line, thus meeting the highest quality requirements while at the same time offering the ultimate in lightweight construction.