Carbures opens an aeronautical office in Germany

• Carbures opens a new engineering office in Munich and creates a German company, within the Carbures Aerospace & Defense division, which is now in the process of hiring local engineers to form a team.

• This opening reinforces the geostrategic positioning of the Company with the aim of continuing to grow in the international market, in this case in Europe, and to provide engineering and manufacturing services and delivery of projects door to door with its clients.

Madrid, February 14, 2018. Carbures lands in Germany in the aeronautics sector. The Spanish multinational specialized in the engineering and manufacture of structures in composite materials opens a new office CarburesDefense Gmbh, a 100 percent German company owned by Carbures Aerospace & Defense, from where the local engineers that will form the Carbures Defense team will be hired.

This opening is part of the Company's strategy to continue growing in the European international market, on the one hand, and to be closer to customers, on the other. Since last year, Carbures has been expanding its portfolio of European customers in the aeronautical sector. One of them was Société Anonyme Belge de Constructions Aéronautiques - SABCA, Tier 1, a leading supplier of reference in Belgium, with which it obtained a contract to cover part of the production of the Topcovers for the Flap Support Fairings of the Airbus A350. Another strategic move by the Company was the opening of the plant in Harbin, whose main objective was to be near Airbus, and Hafei and to manufacture composite structures for Chinese customers.

Germany is the most important aeronautical pole in Europe, together with France, given the wide presence of Airbus, which has spread over the German geography up to 27 plants for the development of commercial aircraft activities (Hamburg, Bremen and Stade), helicopters (Donauwörth and Kassel), military aircraft (Manching, Ulm and Bremen) and satellites (Ottobrunn, Bremen and Friedrichshafen). Carbures also wants to take advantage of the facilities the company already has in Munich, where it has been operating for more than three years, with a team of German engineers specialized in the automotive sector and from which it works successfully for first-class customers in the automotive world , such as BMW, Audi, Mercedes Daimler, Jaguar LandRover or Italian engineering Pininfarina.

The opening of this new office will allow Carbures to extend to Germany the activities currently carried out in Spain, where Carbures already works directly with Airbus, currently having around 190 engineers working directly in the plants that the manufacturer has in both most relevant Spanish aeronautical poles (the Andalusian, with plants in Seville, Puerto Real and Puerto de Santa María, and the central, with plant in Getafe).

The President and founder of Carbures, Rafael Contreras, highlights that "the time and results are showing that the strategy set is working in terms of the geostrategic positioning of Carbures in the aerospace sector. The opening of this new office in one of the European aerospace centers with the highest manufacturing volume is an opportunity for Carbures to offer the best service to its customers and increase its client base. "

The establishment of our own aeronautical engineering in northern Europe, and in particular, as we say, in this reference pole, means opening up significant growth opportunities for a market in which Carbures is very competitive and has extensive experience. It should be noted that in 2016, Airbus itself awarded Carbures in Toulouse with the Best Improver Supply Chain Quality and Improvement Program (SQIP), in recognition of the strength and industrial quality of the Company, which adds more than 16 years of technological processes and engineering pioneers for the manufacture of parts in composites for the aerospace sector.