Hensoldt acquires EuroAvionics
Hensoldt has acquired EuroAvionics, a German supplier of avionics systems for helicopters and unmanned aerial vehicles (UAVs), the company announced on 17 August.
Hensoldt expects the acquisition to give a new boost to its existing avionics business as part of its growth strategy.
Celia Pelaz, head of strategic business development, Hensoldt, said: ‘The takeover of EuroAvionics is the perfect example of a strategic acquisition since both parties generate added value from our collaboration.
‘We can now develop a comprehensive avionics product line at Hensoldt by combining the strengths of EuroAvionics in the civilian market and our own portfolio, which has primarily been geared towards the military up until now.’
The acquisition is also expected to improve Hensoldt’s access to civilian helicopter manufacturers and fleet operators.
EuroAvionics' portfolio includes flight management systems as well as avionics computers and autopilot systems, particularly for UAVs.
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