# Saint-Gobain to acquire German insulation maker Kaimann

Saint-Gobain has signed an agreement to acquire 100% of Kaimann, a German producer of elastomer-based insulation, employing 320 people with 2017 revenue of €70 million.

- Type: Acquisition
- Announced: 2018-10-08
- Where: Germany
- Status: announced
- Products: elastomer-based insulation
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Kaimann](https://endata.com/companies/34790.md) (target)

## Sources

- [batinfo.com](https://batinfo.com/en/actuality/saint-gobain-will-acquire-the-german-kaimann_11206), 2018-10-08: "Saint-Gobain announced on Friday that it had signed an agreement with Kaimann to acquire 100% of the capital of one of the main European players in elastomer-based insulation."

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