SGL Group Bundles Activities in the Field of Fibers and Materials for Composites
Since the beginning of this year, the composites business of SGL Group and the activities of SGL Automotive Carbon Fibers, the joint venture between SGL Group and BMW Group, have been bundled in a single business unit. The new business unit, named Composites – Fibers and Materials (CFM), is headed by Andreas Wüllner, who also continues as Managing Director of SGL Automotive Carbon Fibers. CFM is headquartered at the SGL site in Meitingen/DE, where the company is also investing in a new Lightweight and Application Center. Bundling the CFM business activities is part of the general strategic realignment of SGL Group. In future, the company plans to focus on supporting and accelerating developments linked to the megatrends of mobility, energy, and digitalization.