General
Saint-Gobain exits HKO insulation textiles business in strategic portfolio shift
The assets have been acquired by a fund managed by DUBAG Group
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By ICN Bureau | June 04, 2026
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.
