HLE Glascoat to acquire global business of German firm Thaletec for €12m

HLE Glascoat to acquire global business of German firm Thaletec for €12m

HLE Glascoat, an Indian process equipment manufacturer, has agreed to acquire the global business of Germany-based Thaletec, a manufacturer of specialized glass lined process equipment/reactors, for a sum of €12 million in an all-cash deal. The acquisition also includes the German firm’s subsidiary — Thaletec USA. HLE Glascoat said that the acquisition is a part […]