GTC Technology

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.