Saint-Gobain acquired UK-based Pritex.

Saint-Gobain, a French multinational manufacturing corporation, acquired UK-based Pritex, a key player in acoustic and thermal insulation solutions made from polymer-based composite materials and intended for the mobility market. Financial terms were not disclosed. This acquisition will allow 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. With the development of electric vehicles, the need for differentiated noise control and lightweight solutions is gaining momentum. Pritex's expertise in thermo-acoustic insulation materials and design combined with Sekurit's thin glazing capabilities enables an extended offer for customized acoustic and thermal solutions for the automotive market.