Saint-Gobain, the France-based construction company focused on sustainability, has finalized the sale of its technical textiles operations, HKO and Deltec, to a fund managed by DUBAG Group.
The transaction includes HKO in Germany and Deltec in France, both of which manufacture components used in high-temperature insulation applications for the automotive and industrial sectors.
HKO operates production facilities in Oberhausen, Beuren and Leinefelde in Germany, as well as in Wattignies, France. Together, the businesses recorded sales of approximately €45 million (approximately $52 million) in 2025 and employ about 220 people.
According to Saint-Gobain, the divestment forms part of its strategy to optimize its business profile in alignment with the company’s “Lead & Grow” plan.