Exel Composites closes transaction to acquire Diversified Structural Composites

EXEL COMPOSITES PLC – – INVESTOR NEWS – – 2 May 2018 at 10:00 EET

Exel Composites Plc has closed the transaction to acquire 100% of the shares in Diversified Structural Composites, Inc. (“DSC”), a composites company based in the United States of America. The unit is consolidated into Group accounts as of 1 May 2018. The acquisition was announced in a stock exchange release on 23 April 2018.

Vantaa, 2 May 2018                     

Exel Composites Plc

Riku Kytömäki
President and CEO