# Saint-Gobain divests HKO and Deltec to DUBAG Group

Saint-Gobain has completed the sale of HKO in Germany and its arm Deltec in France, a business manufacturing technical textile components for high-temperature insulation, to a fund managed by DUBAG Group.

- Type: Acquisition
- Announced: 2026-06-01
- Where: Oberhausen, Beuren, Leinefelde, Germany; Wattignies, France, Germany
- Status: completed
- Products: high-temperature insulation textile components
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md)
- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [DUBAG Group](https://endata.com/companies/12115.md) (acquirer)
- [Xypex Chemical Corporation](https://endata.com/companies/92877.md) (target)

## Sources

- [webdisclosure.com](https://www.webdisclosure.com/press-release/saint-gobain-epa-sgo-saint-gobain-divests-hko-a-high-temperature-industrial-insulation-textile-business-Yog6FYWuujf), 2026-06-01: "This divestment is part of Saint-Gobain’s strategy to optimize its business profile, in line with its 'Lead & Grow' plan objectives."
- [finanzwire.com](https://www.finanzwire.com/press-release/saint-gobain-epa-sgo-saint-gobain-divests-hko-a-high-temperature-industrial-insulation-textile-business-Yog6FYWuujf), 2026-06-01: "This divestment is part of Saint-Gobain’s strategy to optimize its business profile, in line with its 'Lead & Grow' plan objectives."
- [ainvest.com](https://www.ainvest.com/news/saint-gobain-acquires-xypex-leader-waterproofing-solutions-2607/), 2026-07-06: "Saint-Gobain S.A., a leading multinational building materials company, has expanded its portfolio in the construction chemicals sector by acquiring Xypex Chemical Corporation, a prominent Canadian provider of waterproofing solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.