Saint Gobain Enters into Very High Temperature Thermal Insulation Markets
Saint-Gobain/FR has acquired the German company HKO, that designs, produces and distributes a complete range of very high temperature thermal insulation and fire protection solutions made from various types of glass fibers to cover temperature resistances between 600–1000 °C.
Founded in the 1970s, HKO employs 225 people and has two plants in Germany with sales affiliates in France, USA and China. It reported sales of EUR 39 million in 2017. With mostly customized solutions, the company answers the growing needs of customers in the construction, industrial and automotive markets. This acquisition is in line with the Group’s strategy of developing technological niches. It will join the ADFORS business within the High-Performance Materials Activity. The acquisition allows Saint-Gobain to expand its range of high value-added solutions by entering into the very high temperature thermal insulation area and becoming a leader of the European market.