Photo Credit: ACPT
Charger Investment Partners (Hermosa Beach, Calif., U.S.) announced on Dec. 15 that it has acquired a majority stake in Advanced Composite Products and Technology, Inc. (ACPT, Huntington Beach, Calif., U.S.). Financial terms of the transaction were not disclosed.
ACPT is a manufacturer of highly engineered composite structures for defense, space, aviation, automotive, marine, industrial machinery and subsea telecom applications. Founded in 1977, ACPT has a long history of excellence and innovation in advanced composites. Today, ACPT has an established reputation for designing, prototyping and manufacturing composite products for blue-chip customers across a variety of end markets and applications. ACPT is particularly well known for its proprietary composite-to-metal bonding capabilities that paved the way for its composite driveshaft products that the company says are used by the U.S. Armed Forces, as well as commercial customers.
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LOS ANGELES, Dec. 15, 2020 /PRNewswire/ Charger Investment Partners ( Charger ) today announced that it has acquired a majority stake in Advanced Composite Products and Technology, Inc. ( ACPT or the Company ). Financial terms of the transaction were not disclosed.
Based in Huntington Beach, California, ACPT is a market leading manufacturer of highly engineered composite structures for defense, space, aviation, automotive, marine, industrial machinery and subsea telecom applications. Founded in 1977, ACPT has a long history of excellence and innovation in advanced composites. Today, ACPT is an industry leader with an established reputation for designing, prototyping and manufacturing composite products for blue-chip customers across a variety of end markets and applications. ACPT is particularly well known for its proprietary composite-to-metal bonding capabilities that paved the way for its groundbreaking composite driveshaft products tha