SAINT-GOBAIN ADDS TO ITS HIGH PERFORMANCE SOLUTIONS PORTFOLIO BY ACQUIRING HTMS
IN HIGH-TEMPERATURE RESISTANT SEALS
Saint-Gobain has acquired High Tech Metal Seals (HTMS), a designer and
manufacturer of engineered metal seals for the industrial, energy and aerospace
markets. It completes the Group's product range in offering tailor-made
solutions in the sealing industry, after the acquisition of American
Seal and Engineering Co., a leader in technical sealing solutions also used in
the energy and aerospace industries as well as in transportation, at the start
HTMS has developed a unique and differentiated niche positioning by providing
very advanced metal sealing solutions for use under extreme temperature and
pressure conditions. Created in 1999, HTMS employs about 50 people at one site
This acquisition is in line with the Group's strategy of developing
technological niches. It will join the Mobility business, extending further the
seals product range offering and solutions for critical applications. It will
accelerate Saint-Gobain's growth, in particular in aerospace, and the business
will benefit from our global sales platform, notably in Asia.
Saint-Gobain designs, manufactures and distributes materials and solutions
which are key ingredients in the wellbeing of each of us and the future of all.
They can be found everywhere in our living places and our daily life: in
buildings, transportation, infrastructure and in many industrial applications.
They provide comfort, performance and safety while addressing the challenges of
sustainable construction, resource efficiency and climate change.
EUR41.8 billion in sales in 2018
Operations in 68 countries
More than 180,000 employees
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