GTC is headquartered in Houston, Texas. The company generates annual revenues of around USD 50 million and a high single-digit EBITA margin. It employs around 200 people globally.
This acquisition strengthens Sulzer Chemtech's position as a leading technology provider for a wide portfolio of technologies and provides a market entry into the attractive technology licensing business. Sulzer's global engineering and manufacturing capabilities, its leadership position in tower internals for mass transfer and its global network will accelerate the growth of GTC and yield measurable synergies.
Signing and closing took place simultaneously.
Attachments
- Original document
- Permalink
Disclaimer
Sulzer AG published this content on 02 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 May 2019 04:52:05 UTC