ELAFLEX HIBY and SGB have announced that the ELAFLEX HIBY Group, with its headquarters in Hamburg, Germany, has acquired the German supplier and manufacturer of leak detection technology, SGB GmbH, headquartered in Siegen, Germany.
SGB GmbH celebrates its 60th anniversary this year. SGB leak detectors are used for monitoring any double-walled tanks and pipes for leaks. The company, which specialises in innovative leak detection solutions, thereby sustainably protects the environment.
The goal of both companies is to strengthen and further develop the entire portfolio of leakage and monitoring systems for double- walled tanks, pipelines, and containment areas. The focus is on leakage and monitoring systems for high-vacuum applications for hydrogen and LNG.
Stefan Kunter, CEO of the ELAFLEX HIBY Group, says: "We are absolutely delighted to welcome SGB as part of the EH Group, which has been recognised for decades, with its management and employees. The acquisition of such a high-performance company provides us, as an internationally operating system supplier for refueling technology, with an excellent basis for further development of our product concepts."
SGB will retain its operational independence and sales channels in the new constellation. Jost Berg will remain as Managing Director and continue to lead his team of 45 employees at the location in Siegen.
Jost Berg explains: "We are very much looking forward to working together as we share the same visions and values. By combining our expertise and experience, we strengthen our leading positions in the market and create a future-oriented basis, for our high-performance equipment and service standards. The SGB team will continue to support all customers and partners with its quality, innovation and perfect service in the future."
Read the article online at: https://www.tanksterminals.com/storage-tanks/02122022/elaflex-and-sgb-partner-up/
You might also like
Mabanaft and Hapag-Lloyd have signed an MoU to evaluate options for the supply of ammonia as bunker fuel to Hapag-Lloyd in and around the Port of Hamburg, Germany, and the Port of Houston, US.