Compagnie de Saint-Gobain Acquisition (9619Y)
07 Gennaio 2020 - 8:07AM
UK Regulatory
TIDMCOD
RNS Number : 9619Y
Compagnie de Saint-Gobain
07 January 2020
PRESS RELEASE
January 7, 2020
SAINT-GOBAIN adds to its high performance solutions
portfolio
by acquiring HTMS in HIGH-TEMPERATURE resistant Seals
Saint-Gobain has acquired High Tech Metal Seals (HTMS), a
designer and manufacturer of engineered metal seals for the
industrial, energy and aerospace markets. It completes the Group's
product range in offering tailor-made solutions in the sealing
industry, after the acquisition of American Seal and Engineering
Co., a leader in technical sealing solutions also used in the
energy and aerospace industries as well as in transportation, at
the start of 2019.
HTMS has developed a unique and differentiated niche positioning
by providing very advanced metal sealing solutions for use under
extreme temperature and pressure conditions. Created in 1999, HTMS
employs about 50 people at one site in Belgium.
This acquisition is in line with the Group's strategy of
developing technological niches. It will join the Mobility
business, extending further the seals product range offering and
solutions for critical applications. It will accelerate
Saint-Gobain's growth, in particular in aerospace, and the business
will benefit from our global sales platform, notably in Asia.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and
solutions which are key ingredients in the wellbeing of each of us
and the future of all. They can be found everywhere in our living
places and our daily life: in buildings, transportation,
infrastructure and in many industrial applications. They provide
comfort, performance and safety while addressing the challenges of
sustainable construction, resource efficiency and climate
change.
EUR41.8 billion in sales in 2018
Operations in 68 countries
More than 180,000 employees
For more information about Saint-Gobain
Visit www.saint-gobain.com
and follow us on Twitter @saintgobain
Analyst/Investor relations Press relations
+33 1 47 62 +33 1 47 62
44 29 30 10
+33 1 47 62 +33 1 47 62
Vivien Dardel 35 98 Laurence Pernot 51 37
Floriana Michalowska +33 1 47 62 Patricia Marie +33 1 47 62
Christelle Gannage 30 93 Susanne Trabitzsch 43 25
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