Hensoldt to acquire Nexeya activities
Hensoldt is set to acquire Nexeya’s test and integration and services business as well as major parts of its mission management and power conversion businesses.
The closing is expected after obtaining all necessary approvals in the third quarter of 2019.
Based in Chatenay, France, Nexeya is a provider of services and electronics solutions for defence and commercial customers.
Thomas Müller, CEO of Hensoldt, said: ‘Nexeya strengthens our industrial base particularly in France, improving customer access and enhancing our product portfolio. Furthermore, the acquisition boosts our strategy of developing commercial markets, creating new opportunities in the area of services. Thus, the move is in line with the acquisitions made in the last two years in the areas of avionics, security and industrial engineering.’
The space activities of Nexeya as well as certain defence activities are not part of the transaction and these will be retained by the current shareholder.
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