Jasmino Corporation announces acquisition of two German firms

Jasmino Corporation Pvt. Ltd., a company specializing in chemical process equipment engineering and corrosion protection, has recently revealed its acquisition of two German firms, HAW Lining and GBT Buecolit, for an undisclosed sum.

In a statement, the company announced that this strategic decision has now established Jasmino as the third-largest global supplier of complete heavy-duty industrial anti-corrosion lining solutions.

For more than 125 years, HAW Lining, specializing in rubber linings, has played a crucial role in safeguarding industries against corrosion, providing essential solutions to leading global industrial giants.

In 1920, HAW introduced the pioneering industrial rubber lining, which played a crucial role in catalyzing the chemical industry’s advancement. Following this acquisition, Jasmino gains entry to the globe’s most extensive facility for anti-corrosive lining and one of Europe’s biggest equipment production sites, covering an impressive area of 120,000 square meters,” the statement highlighted.

GBT Buecolit is a prominent company based in Germany that excels in providing comprehensive corrosion protection solutions, with a focus on coatings, plastic linings, and turnkey services.

The company has branches in Poland and the Netherlands, and collaborations with partners in Belgium, France, Switzerland, Luxembourg, and Jordan.

Jasmino stated that the acquisition of GBT bolsters its European footprint by incorporating GBT’s wide-ranging engineering services such as design, production, anti-corrosion linings, and upkeep.

According to Jasmino Corporation’s CEO, Adheesh Ramani, the purchase of HAW and GBT represents a major achievement in the company’s global growth plan. This move enhances our capacity to provide holistic turnkey services, encompassing the entire process from ideation to project completion across various industrial sectors.

This incorporates design, engineering, equipment production, anti-corrosion coatings, and commissioning on-site. Through these purchases, Jasmino has laid a robust groundwork, enhanced by well-regarded global labels, setting the stage for dynamic expansion and empowering us to seize a greater portion of the market within our primary sectors,” he further elaborated.

Ramani Seshadri, the Chairman and Managing Director of Jasmino Corporation, expressed, “With both companies being renowned for their commitment to innovation and top-notch quality, our collaboration has proven fruitful on prominent international endeavors since 2018. Recognizing the significant synergies between our entities, we are poised to provide unparalleled solutions to our global clientele.