HENSOLDT has signed a share purchase agreement with United Kingdom’s private equity firm ECI and management to acquire Kelvin Hughes.

The transaction is subject to anti-trust approvals and closing is expected in the third quarter of 2017.

Kelvin Hughes, with approximately 200 employees, designs, produces and markets radar sensors mainly for maritime and security applications. Among their products are solid state high performance X-band pulse Doppler radars as well as Command and Control software that allows the integration of multiple radar and camera sensors into a comprehensive display package

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: