Saint-Gobain has acquired Pritex, a company involved in acoustic and thermal insulation solutions made from polymer-based composite materials and intended for the mobility market.
The acquisition will allow the Mobility business unit of Saint-Gobain High Performance Solutions to expand its business model beyond automotive glazing and become a provider of solutions in the mobility market for comfort, safety and energy saving.
Go deeper with GlobalData
With the development of electric vehicles, the need for differentiated noise control and lightweight solutions is gaining momentum.
Pritex’s work in thermo-acoustic insulation materials and design combined with Sekurit’s thin glazing capabilities enables an extended offer for customised acoustic and thermal solutions for the automotive market.
Saint-Gobain’s board, on the proposal of its president Pierre-Andre de Chalendar, appointed Benoit Bazin as chief operating officer, starting earlier this year in January.
Pritex employs 240 people and achieved close to EUR20m (US$22m) in sales in 2018. The 60-year old company is based in the UK.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
