Wiesbaden/Arnstorf, November 22, 2012. The joint venture announced for “green” building air-conditioning technology between SGL Group – The Carbon Company – and the Lindner Group, the international construction specialists, has been approved by the Bundeskartellamt (Federal Cartel Office) in the notification from November 8.
The joint venture, in which the SGL Group will hold a 51% interest and the Lindner Group a 49% interest, will launch into operation at the beginning of 2013 under the name SGL Lindner GmbH & Co. KG upon receiving merger-control approval from other competition authorities. The company is taking aim at the global growth market for energy-efficient and environmentally friendly building air conditioning.
The goal is to offer the entire value chain – from the material and heating and cooling elements all the way to energy-saving complete solutions for building temperature control. In so doing, SGL Lindner GmbH & Co. KG combines the SGL Group’s material competence in manufacturing the environmentally friendly graphite material ECOPHIT® with the expertise of the Lindner Group in the fields of expansion, facade construction and insulation technology.
Heating and cooling ceiling systems with ECOPHIT® make building air conditioning technology more efficient and environmentally friendly. The base material for ECOPHIT® is a high-grade natural graphite used to make expanded graphites which are extremely light and possess very good thermal conductivity. Area heating and cooling systems equipped with ECOPHIT® products achieve higher performance with lower energy consumption and enable energy savings of up to 40% in comparison with conventional air-conditioning systems. The recyclability of ECOPHIT® is an additional benefit for the “green building” market.
The SGL Group’s ECOPHIT® product family comprises graphite panels in a wide variety of thicknesses as well as granulates and powders. These graphite materials will be used in cooling ceiling systems which will be offered under the brand name “ECOPHIT® PLAFOTHERM®.”
ECOPHIT® is a registered trademark of the SGL Group.
With sales of around EUR 850 million, the Lindner Group is one of Europe’s leading specialists in interior fit-out, facade construction, and insulation engineering. The family company has almost 50 years of experience in “building with new solutions”, comprising the development and realization of individual and innovative project solutions. With its own comprehensive construction, planning, production, and construction site capacities, Lindner is able to carry out projects all over the world as a full-service provider. Control of the value chain and of the adaptability of the products used in interior fit-out and facade construction is decisive because in addition to the construction and refurbishment of office buildings, Lindner is also known for specialist projects such as airport terminals, train and subway stations, concert halls, and clean rooms. The realization of all projects of this kind presupposes a unique combination of cost-effectiveness, visual appeal, security, demanding day-to-day functionality, and ecologically oriented implementation. This is why, for many of our customers, the individual components are developed from scratch, produced, and installed according to the technical specifications of the project in question. Furthermore, as an industry specialist, above all in the field of environmental technology, Lindner’s insulation technology for heating and cooling insulation as well as fireproofing and soundproofing is internationally renowned.
From its headquarters in Arnstorf, Bavaria, Lindner manages a global workforce of some 6,000 employees and operates over 50 subsidiaries and production sites in more than 20 countries. The majority of products we use in the marketplace, including facades, metal ceiling systems, flooring systems, wall systems, doors, and lighting, are manufactured in our own production centers.
Further information on the Lindner Group can be found online at:
SGL Group is one of the world’s leading manufacturers of carbon-based products and materials. It has a comprehensive portfolio ranging from carbon and graphite products to carbon fibers and composites. SGL Group’s core competencies are its expertise in high-temperature technology as well as its applications and engineering know-how gained over many years. These competencies enable the Company to make full use of its broad material base. SGL Group’s carbon-based materials combine several unique properties such as very good electrical and thermal conductivity, heat and corrosion resistance as well as high mechanical strength combined with low weight. Due to industrialization in the growth regions of Asia and Latin America and increased substitution of traditional with innovative materials, there is a growing demand for SGL Group’s high-performance materials and products. Products from SGL Group are used predominantly in the steel, aluminum, automotive and chemical industries as well as in the semiconductor, solar and LED sectors and in lithium-ion batteries. Carbon-based materials and products are also being used increasingly in the wind power, aerospace and defense industries.
With 47 production sites in Europe, North America and Asia as well as a service network covering more than 100 countries, SGL Group is a company with a global presence. In 2011, the Company’s workforce of around 6,500 employees generated sales of €1,540 million. The Company’s head office is located in Wiesbaden.
Further information about SGL Group can be found online at: www.sglgroup.com
This press release may contain forward-looking statements based on the information currently available to us and on our current projections and assumptions. By nature, forward-looking statements involve known and unknown risks and uncertainties, as a consequence of which actual developments and results can deviate significantly from these forward-looking statements. Forward-looking statements are not to be understood as guarantees. Rather, future developments and results depend on a number of factors; they entail various risks and unanticipated circumstances and are based on assumptions which may prove to be inaccurate. These risks and uncertainties include, for example, unforeseeable changes in political, economic, legal, and business conditions, particularly relating to our main customer industries, such as electric steel production, to the competitive environment, to interest rate and exchange rate fluctuations, to technological developments, and to other risks and unanticipated circumstances. Other risks that in our opinion may arise include price developments, unexpected developments connected with acquisitions and subsidiaries, and unforeseen risks associated with ongoing cost savings programs. SGL Group does not intend or assume any responsibility to revise or otherwise update these forward-looking statements.