Nurol Technology, a Turkish defense industry company specializing in ballistic protection solutions, purchased the majority shares of the German ceramic raw material manufacturer INDUSTRIE KERAMIK HOCHRHEIN (IKH).
Ankara-based defense industry company Nurol Technology, one of the world's leading advanced technical ballistic ceramic manufacturers and one of the largest armor suppliers of Turkey and NATO countries, strengthens its leadership in the field of advanced technical ceramic technologies by purchasing the majority shares of the German ceramic raw material manufacturer INDUSTRIE KERAMIK HOCHRHEIN (IKH).
INDUSTRIE KERAMIK HOCHRHEIN (IKH) has been developing and producing innovative high-tech ceramic powders since 1995. IKH, which has been developing special products for many technology giants in the field of powder metallurgy and advanced technical ceramics for years, is one of the leading players in the advanced technical ceramics industry with its expertise in ceramic technologies, innovative approach and two modern production facilities for fine/ultra-fine, oxide/non-oxide ceramic powders.
Nurol Technology General Manager and Board Member Selim BAYBAŞ stated in his statement that they purchased the majority shares of the company and that, as a defense industry company with 100% Turkish capital, their acquisition of a well-established German company that produces critical technology is of great importance for the Turkish business world. He stated that it was a first for their sector.
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He said that with the acquisition of IKH company, they aim not only to strengthen Nurol Technology's leadership in the field of ballistic ceramics, but also to be a pioneer in the world in advanced technical ceramics needed by the electronics industry and other technology critical sectors.
Marco REINGER, founder of IKH company, said of this strategic partnership: “We believe that we will further increase our growth potential with Nurol Technology's vision. “Combining our experience in the ceramics industry, we will focus on new and innovative projects.”
This collaboration is for Nurol Technology, which produces platform armors with the lightest and highest protection levels for personnel and land, air and sea vehicles by using advanced technical ceramics such as Boron Carbide (B4C), Silicon Carbide (SiC), Alumina (Al2O3). It doesn't just mean buying a company.
At the same time, the company aims to accelerate R&D studies in advanced technical ceramics and develop innovative products in this field. It is evaluated that this acquisition carries a great vision for the future of the Turkish Defense Industry and advanced technical ceramics industry.