Kordsa Teknik Tekstil A.S. (IBSE:KORDS) agreed to acquire 60% stake in Microtex Composites SRL on April 21, 2022. The acquisition of shares is expected to be finalized in the second quarter of 2022, subject to the fulfilment of closing conditions required for Italian Golden Power approval. (Foreign Direct investments).

Kordsa Teknik Tekstil A.S. (IBSE:KORDS) completed the acquisition of 60% stake in Microtex Composites SRL for TL 490 million on August 5, 2022.