HLE Glascoat to acquire the global business of Thaletec GmbH
• Revenue of the acquired entity was Euro 26 million in 2020
• Thaletec, a market leader in manufacturing of specialized glass lined reactors and
process equipment, to retain its brand identity and remain a separate entity post
acquisition
• This acquisition is expected to be earnings accretive to the shareholders of HLE
Glascoat
• Revenue of the acquired entity was Euro 26 million in 2020
• Thaletec, a market leader in manufacturing of specialized glass lined reactors and
process equipment, to retain its brand identity and remain a separate entity post
acquisition
• This acquisition is expected to be earnings accretive to the shareholders of HLE
Glascoat