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05-04-2016

HOERBIGER acquires BRILEX

April 1, 2016, the HOERBIGER Group in Zug, Switzerland, acquired privately held BRILEX Gesellschaft für Explosionsschutz mbH, head quartered in Brilon, Germany. BRILEX is a leading provider of explosion relief venting products. All interests in the company were privately held by founder Martin Bunse. The parties agreed to keep the purchase price confidential.

BRILEX is a leading provider of passive explosion protection products and offers more than 20 years of industry experience. Explosion venting products manufactured by BRILEX mitigate the devastating effects of combustible dust or vapor explosions, protecting personnel, high-value assets and processing facilities.

BRILEX's portfolio includes patented, ATEX certified explosion vents developed in-house and flameless vents, which complement the range of HOERBIGER explosion relief valves. BRILEX has a state-of-the-art manufacturing operation with an experienced direct sales organization and a broad network of distributors.

The reputation and knowledge of BRILEX will enable HOERBIGER to further expand existing competencies in its industrial core business and tap valuable synergies, especially in the passive explosion protection field. The acquisition of BRILEX will strengthen HOERBIGER's leading role as a developer, manufacturer, and global provider of performance-defining components and services, which are increasingly safety solutions focused, for the oil, gas, and process industries.

For more information, please visit www.hoerbiger.com

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