The SGL Group, Wiesbaden, Germany, acquired Dr. Schnabel GmbH & Co KG, headquartered in Limburg/Lahn. Dr. Schnabel GmbH manufactures fluorine plastic apparatus for corrosion protection. Both companies have agreed to treat the purchase price as confidential. The transaction is still subject to approval by the antitrust authorities.
The approximately 80 employees of the family-owned company produce pipelines, tubes, compensators, containers, columns (devices for heat and material transmission) and heat exchangers lined with fluorine plastic (PTFE). The highly non-corroding products are used in machines in the electronic, pharmaceutical, chemical and petrochemical industries.