News Summary:
On June 19, 2026, DUBAG Group's LEO III Fund signed a purchase agreement to acquire Holcim Technical Solutions and Products GmbH (HTSP) from Holcim. HTSP, based in Edingen-Neckarhausen, specializes in engineered elastomer solutions and high-performance rubber materials, serving customers in aerospace, mechanical engineering, mobility, medical technology, and road marking applications. Earlier, on June 1, 2026, the LEO III Fund completed the acquisition of H.K.O. Isolier- und Textiltechnik GmbH (HKO) from Saint-Gobain. Saint-Gobain subsequently confirmed its divestment of HKO, its Germany-based high-temperature industrial insulation textile business, along with its French subsidiary Deltec, as part of a portfolio reshaping. HKO, headquartered in Oberhausen, manufactures highly specialized thermal insulation, fire protection, and technical textile products for various industrial end-markets. In 2025, the business generated approximately €45 million in sales and employed around 220 people across its plants in Germany and France.
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