CHOMARAT Group finalizes acquisition of CTMI, a company specializing in High-Performance Textiles and Composite Materials FINALiZES
CHOMARAT strengthens its position in high-performance composite materials by finalizing the acquisition of CTMI. This merger allows the French family-owned group to expand its technological offerings and consolidate its role as a leading player in key markets such as aerospace, defense, and space.
Expanded and Technology Leading Offerings
With a global presence in the composite materials reinforcement market for several decades, CHOMARAT, a French family-owned group, confirms its commitment to a long-term growth and development strategy with this acquisition.
This acquisition allows CHOMARAT to complement its offerings and expertise in the field of composite material reinforcements, both in terms of fibers and technologies.
“The acquisition of CTMI allows us to accelerate our development and enrich our product range thanks to the company’s strong technological expertise, particularly in specialty fibers such as quartz and ceramics, but also in complementary technologies like pre-impregnation and Towpreg for niche applications,” explains Florent Troubat, President of the CHOMARAT Group.
Thanks to this transaction, CHOMARAT becomes the only 100% French and independent player capable of offering a complete and sovereign range of technical textiles and high-performance composite materials for strategic markets such as aerospace, defense, and space.
Strong Complementary Expertise and Shared Values
This acquisition is based on a shared heritage. Both companies, which have their roots in silk manufacturing, have developed similar values: close collaboration and partnership, innovation, and responsible commitments.
Their merger aims to enrich their collective expertise and capitalize on their respective know-how.
“CTMI will be able to rely on a solid group with strong values to pursue its development and implement its strategic roadmap. I am delighted with this agreement and look forward to collaborating with the teams at Groupe Chomarat,” stated Loïc Alirand, President of GSL, CTMI’s parent company.
About Groupe Chomarat
Established in 1898, CHOMARAT is a French family industrial group. Faithful to its roots in the textiles industry, the Chomarat Group has developed a wide array of ‘know-how” based on strong human skills and the mastery of complex technologies.
The company operates in France, Tunisia, the United States, and China to service its global customers and employs 1,100 people.
The group is organized in four strategic business units: Composite Reinforcements, Construction Reinforcements, Coatings & Films and Garment manufacturing. It serves a variety of markets such as automotive, sports & leisure, energy, marine, construction, luxury goods and women’s ready-to-wear.
Always pursuing excellence, CHOMARAT partners collaboratively in research programs with universities and technical centers worldwide.
Looking to the future, the Chomarat Group aims to engage in responsible development in harmony with its roots, its values and its environment. These commitments are reflected in its investments, its products and in the relationships established with each of its partners.
About CTMI
Founded in 1886 as a silk manufacturing company in La Sône (Isère, France), CTMI (Composite Textile Materials Innovation) has developed a unique expertise in the manufacturing of high‑performance technical textiles and composite materials. Specializing in high‑technology markets, the company leverages its advanced technical know‑how to meet the needs of clients operating in strategic sectors such as Aerospace, Defense, Space, and Industry. Driven by a strong culture of innovation and confidentiality, CTMI has built close research and development partnerships with leading players in the industry.