Saint-Gobain has acquired Pritex, a company specializing in acoustic and thermal insulation products made from polymer-based composite materials and intended for Automotive, Industrial, and Comfort applications. This acquisition allows 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.
According to a Saint-Gobain press release, the development of electric vehicles has accelerated the need for differentiated noise control and lightweight solutions. Pritex’s expertise in thermo-acoustic insulation materials and design combined with Sekurit’s thin glazing capabilities may enable an extended offer for customized acoustic and thermal solutions for the automotive market.
Pritex, a UK company established in 1959, employs 240 people and achieved close to €20 million in sales in 2018.