- Saint-Gobain completed the sale of HKO and Deltec to a fund managed by DUBAG Group.
- The divestment supports Saint-Gobain’s Lead & Grow strategy to optimize its business portfolio.
Saint-Gobain has completed the divestment of HKO in Germany and its subsidiary Deltec in France to a fund managed by DUBAG Group. The transaction marks another step in the company's ongoing efforts to refine its business portfolio and align operations with long-term strategic priorities. The divested businesses serve automotive and industrial customers with specialized high-temperature insulation solutions and technical textile components.
Business Footprint and Operations
HKO is recognized for manufacturing technical textile components designed for high-temperature insulation applications across automotive and industrial sectors. The business operates production facilities in Oberhausen, Beuren, and Leinefelde in Germany, along with an additional site in Wattignies, France. These operations have established a presence in specialized insulation technologies that support demanding thermal management requirements in multiple industries.
Key Business Metrics
The divested operations generated approximately EUR 45 million in sales during 2025 and employ around 220 people across their manufacturing locations. The facilities continue to provide expertise in technical textile production and insulation technologies that are widely used in industrial and mobility-related applications.
HKO and Deltec Business Overview
| Category | Details |
|---|---|
| Acquirer | Fund managed by DUBAG Group |
| 2025 Sales | Approximately EUR 45 Million |
| Employees | Around 220 |
| Manufacturing Locations | Oberhausen, Beuren, Leinefelde, Wattignies |
Strategic Alignment with Lead & Grow Plan
The divestment forms part of Saint-Gobain’s broader strategy to optimize its business profile under the objectives outlined in its “Lead & Grow” plan. By streamlining selected activities and focusing resources on priority growth areas, the company aims to strengthen its operational positioning and enhance long-term value creation. The completion of the transaction reflects this ongoing portfolio management approach while ensuring the transferred businesses move forward under new ownership.
Frequently Asked Questions
Why did Saint-Gobain sell HKO and Deltec?
Saint-Gobain completed the sale as part of its strategic effort to optimize its business portfolio under the Lead & Grow plan. The divestment allows the company to focus resources on priority activities and long-term growth areas while streamlining selected operations. Portfolio optimization remains a key element of the company's strategy to strengthen competitiveness, improve operational focus, and support sustainable value creation across its global business segments.
What does HKO manufacture?
HKO manufactures technical textile components used for high-temperature insulation applications in automotive and industrial sectors. Its products are designed to perform in demanding thermal environments where effective insulation is critical. The company operates multiple manufacturing facilities in Germany and France and serves customers requiring specialized textile-based insulation solutions. These products support a variety of industrial processes and mobility applications where temperature management and material performance are important requirements.
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