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Saint-Gobain fainlizes sale of HKO textile and insulation business

This article was originally posted on Chemical Engineering Online.
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Summary
Saint-Gobain has finalized the sale of HKO in Germany and its French arm Deltec—producers of technical textile components for high-temperature insulation mainly for automotive and industrial uses—to a fund managed by DUBAG Group. HKO operates plants in Oberhausen, Beuren, and Leinefelde, Germany.

What impact do you think DUBAG’s ownership could have on HKO’s product strategy or geographic expansion in the high-temperature insulation market?

Saint-Gobain S.A. (Courbevoie, France) has completed the sale of HKO in Germany and its arm in France Deltec – its business manufacturing technical textile components for high-temperature insulation mainly for automotive and industrial applications – to a fund managed by DUBAG Group. HKO has industrial plants located in Oberhausen, Beuren and Leinefelde in Germany and […]

The post Saint-Gobain fainlizes sale of HKO textile and insulation business appeared first on Chemical Engineering.

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