HLE Glascoat, via its subsidiary Thaletec GmbH, has acquired 100% equity in HLE Surface Technologies GmbH for 29,000 Euro.

This strategic acquisition expands HLE Glascoat's footprint in the engineering equipment manufacturing sector.

The newly incorporated German entity aligns with the company's core business, aiming to strengthen its global presence and enhance product capabilities.

While the deal size is modest, it signifies a forward-looking step to broaden HLE Glascoat's international operations and leverage future growth opportunities in the engineering equipment market.