Saint-Gobain Sells HKO, Its High-Temperature Insulation Business, to a Fund Managed by Dubag
Saint-Gobain completed the sale of HKO, its business unit specializing in technical textile components for high-temperature insulation primarily serving the automotive and industrial sectors, to a fund managed by Dubag Group. This divestiture is part of the French group's strategy to refocus, aligned with its strategic plan 'Lead & Grow'.
The group has divested HKO in Germany and its French subsidiary Deltec, which produce technical textile components for high-temperature insulation. HKO operates four production sites: three in Germany (Oberhausen, Beuren, and Leinefelde) and one in France (Wattignies). The business generated approximately €45 million in revenue in 2025 and employs about 220 people.
A Refocusing Aligned with the Strategic Roadmap
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Saint-Gobain justifies this divestiture with its goal to optimize its portfolio of activities. The operation is part of the 'Lead & Grow' strategic plan of the group, which directs its focus towards segments considered as priorities. The sale was finalized to a fund managed by Dubag.
SectorImmobilier / construction · Industrie · Matériaux / matières premières · BTP / infrastructures›Autres matériaux de construction
Context
Period
Period: 2025
Key reported figures
Revenue: 46 483 M€
Revenue growth: -0,2 %
EBITDA: 7 203 M€
EBITDA margin: 15,5 %
Net income: 2 883 M€
Free cash flow: 3 752 M€
10 356 M€
Dividend per share: 2,30 €
Guidance from the release
Je suis convaincu de la création de valeur que Lead & Grow apportera à nos clients comme à nos actionnaires.
Saint-Gobain a publié ses résultats annuels 2025 marqués par une progression du chiffre d'affaires en monnaies locales et une marge d'exploitation stable à 11,4% et EBITDA à 15,5%. Le groupe confirme sa trajectoire et ses objectifs pour le plan Grow & Impact et annonce le lancement du plan Lead & Grow pour 2026-2030, axé sur la croissance rentable et l'accélération de la chimie de la construction.
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