Gurit (Wattwil, Switzerland) has acquired its composite engineering and materials competitor High Modulus (Auckland, New Zealand). The move combines Gurit’s SP-branded marine engineering and materials business with High Modulus’ B3 SmartPac materials kitting solution to create SP/HighModulus, a marine composite engineering and materials firm. With subsidiaries and offices in Australia, the U.K., the U.S. and Singapore, High Modulus employs more than 70 people worldwide. All of High Modulus’ management team and marine experts will join Gurit through the acquisition.
Editor PickWinners of JEC Innovation Awards announced
The JEC Innovation Awards ceremony will highlight 13 innovators on stage and will take place on Wednesday, March 15 at 5 p.m. at JEC World in Paris.