HLE Glascoat (www.hleglascoat.com) , the leading manufacturer of process equipment, today announced the signing of definitive agreements to acquire the global business of Thaletec GmbH, Germany as well as its subsidiary Thaletec USA, as a part of its strategy to cement its position further in the global markets with innovative technology. As a part of the deal, both companies have mutually agreed that Thaletec will continue to have its distinct brand identity and remain a separate business entity post the acquisition.

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The acquisition is in line with the Companies’ strategy to expand their footprint globally and reinforces their position as market leaders in manufacturing innovative and specialized process equipment, customized solutions and systems.

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