Saint-Gobain Finalizes Agreement to Acquire IFK Isofluor GmbH

Saint-Gobain Performance Plastics (SGPPL), headquartered in Aurora, Ohio, has acquired IFK Isofluor GmbH (IFK) of Neuss, Germany, a privately owned manufacturer of fluoropolymer tubing.

The agreement was signed Monday, Dec. 31, 2007; specific terms were not disclosed.

The business supplies Isofluor brand products to global industrial and medical customers from two European locations. Saint-Gobain is planning to integrate the IFK business into its Process Systems business unit, which is part of SGPPL's Fluid Systems division. IFK and the Isofluor brand products will be marketed consistent with past practices.

"IFK Isofluor is an excellent fit within SGPPL and we are pleased to welcome them to our company," said Tom Kinisky, President of SGPPL. "IFK has a strong brand identity and complements the products of SGPPL. Dieter Heuser and his son, Holger Heuser, have built a very strong business. We look forward to continuing the tradition which started in 1984 long into the future."

Saint-Gobain Performance Plastics is part of Saint-Gobain, a leading producer of construction products, flat glass, high-performance materials and packaging, and Europe's largest distributor of building materials. Headquartered in Paris, Saint-Gobain had worldwide sales of more than $52 billion in 2006, and has more than 207,000 employees in 56 countries.

600450 Saint-Gobain Finalizes Agreement to Acquire IFK Isofluor GmbH
Date: 18 January 2008

See more news about:

See more from these topics:

Others also read

Over the last five years, Sandton (South Africa) has been a magnet for large-scale developments. Designed by Boogertman + Partners Architects, the 85 000 m2 Discovery building is one of them.
Compagnie de Saint-Gobain’s Board of Directors decides to propose the renewal of the Director’s term of office of Mr. Pierre-André de Chalendar and to co-opt Ms. Dominique Leroy, CEO of Proximus, as an independent Director.
Vetrotech supplied over 1'600m2 of Contraflam Lite Structure EW30 solutions.
The glazed walkway at London’s Tower Bridge attraction, which was designed and manufactured by GLASSOLUTIONS, has been voted as winner of’s ‘Best window with a view 2017’ competition.
Architects Pelli Clarke Pelli specified the most demanding requirements for a fire-rated glass floor and skylight to date for this project including 2-hour fire rating, blast, and seismic resistance, live loading for foot traffic, and waterproofing.
WICONA, the specialist manufacturer of glazing and glass curtain walling, has worked with specialist contractor GLASSOLUTIONS to deliver the glazing and facades package for One Bedford Avenue, a flagship mixed use development in Central London.

Add new comment