Saint-Gobain exits HKO insulation textiles business in strategic portfolio shift

By: ICN Bureau

Last updated : June 04, 2026 10:05 am



The assets have been acquired by a fund managed by DUBAG Group


Saint-Gobain has sold its high-temperature industrial insulation textile business HKO in Germany, along with its French subsidiary Deltec, marking another step in the group’s ongoing portfolio reshaping.
 
The assets have been acquired by a fund managed by DUBAG Group, which now takes control of a specialist manufacturer of technical textile components used primarily in high-temperature insulation for automotive and industrial applications.
 
The HKO business operates industrial sites in Oberhausen, Beuren and Leinefelde in Germany, as well as Wattignies in France. Together, these facilities support a workforce of around 220 employees and generated approximately €45 million in sales in 2025.
 
For Saint-Gobain, the divestment aligns with its strategy to streamline its portfolio and focus on higher-priority growth areas under its “Lead & Grow” plan. The move reflects the group’s broader effort to optimize its business mix and sharpen its industrial footprint.
 
Saint-Gobain remains a global leader in light and sustainable construction materials, operating in 80 countries reporting €46.5 billion in sales in 2025, as it continues to pursue its long-term commitment to net-zero carbon emissions by 2050.

Saint-Gobain insulation textile business HKO Deltec DUBAG Group

First Published : June 04, 2026 12:00 am