Hensoldt South Africa is to acquire the defence and security business activities of Tellumat (previously Plessey South Africa) for an undisclosed price.
The transaction will be effective as soon as all regulatory approvals have been obtained.
“With this transaction we are combining the activities of two leading defence electronics providers and strengthening our position as a leading defence, security and electronics brand in South Africa,’ said Rynier van der Watt (left of picture), Managing Director of Hensoldt South Africa.
The acquisition is broadly complementary, as both Hensoldt South Africa and Tellumat specialise in ISR technology, particularly for UAVs and other airborne platforms.
The Tellumat defence and security portfolio includes IFF systems, tactical communications (including radio and video links), and UAV data links and avionics.
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