Mergers
Acquisitions
Acquisitions
Klinger Group acquires POLITEKNIK and intermetalflex
Klinger Group
POLITEKNIK
intermetalflex
We are happy to announce that we successfully advised Klinger Group on the strategic acquisition of two Turkey based companies: POLITEKNIK and intermetalflex. With their addition, the family-owned Group has now acquired the ability to offer its customers an entirely new range of products.
THE PARTNERS
Located in the Free Zone of Tuzla-Istanbul, POLITEKNIK produces more than 30.000 expansion joints per year and exports its goods to more than 24 countries. As no two plant layouts are entirely alike, expansion joints have to be specifically designed to meet the requirements of the respective plant operators. In order to master this challenge, POLITEKNIK relies on special manufacturing lines constructed by the company’s engineers.
A German-Turkish joint venture formed by the POLITEKNIK Group in the year 2003, is the second Turkish company that has now also joined forces with Klinger Group. As already hinted at in its name, the company specializes in the production of flexible metal hoses. These high-quality metal hoses come in different sizes, ranging from DN 06 to DN 150, and are used in connection with boilers, heat exchangers, solar power systems and a wide range of district heating and other industrial applications.
Klinger is the world’s leading manufacturer and provider of industrial gaskets and valves. Formed in 1886 as a family enterprise, the pioneers in gasket technology today present themselves as a globally active Group. Independent global manufacturing, sales and service companies offer unique know-how and competent on-site consultancy services from a total of 60 countries worldwide.
