LONDON — Rolls-Royce has taken full control of composites manufacturing joint venture Composite Technology and Applications (CTAL), acquiring GKN Aerospace’s 49% stake for £8 million ($13.3 million). CTAL is a Rolls-Royce and GKN Aerospace joint venture established in 2008 to combine Rolls-Royce’s engine expertise with GKN’s composites capability. In December 2012, the partners formally opened a new £14.8 million CTAL facility on the Isle of Wight to research and develop manufacturing ...
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