Takeover by CQLT, Chongqing Light Textile Industry Holding.

After the takeover by CQLT and successful survival of insolvency, the three companies in Büschfeld rebranded themselves as “SaarGummi technologies International GmbH”, “CQLT SaarGummi Deutschland GmbH”, and “Duraproof technologies GmbH” in 2012.

One year later, the holding company in Remich was renamed “CQLT SaarGummi Technologies S.à r.l.”, “SaarGummi Russia LLC” was founded, and the American TechCenter of the SaarGummi Group was established in Michigan. Another plant was also opened in China: “SaarGummi (Chongqing) Sealing Systems Co. Ltd.” in Hechuan.

The Chinese plant in Yantai was established.

In addition to Mumbai and Daman, a third Indian production plant went into operation in 2015 in Ahmedabad in the region of Gujarat, one of India’s largest industrial zones, especially in the automotive sector. The inception of “SaarGummi Neo GmbH” as a “think tank” for the entire SaarGummi Group laid an important foundation for the development of innovative process and product solutions in the same year.

From 2016, the SaarGummi Group has been operating worldwide with its three business units: SaarGummi Automotive (all activities in the automotive sector), SaarGummi Construction (involvement in the construction industry), and SaarGummi Neo (innovation platform for all divisions).

New plants were being built in Mexico (Quertaro) and India (Chennai).

 

…to be continued