HENSOLDT to acquire major parts of NEXEYA activities

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HENSOLDT to acquire major parts of NEXEYA activities.

HENSOLDT, the leading independent sensor solutions house hasagreed to acquire the major part of the activities of Nexeya, Chatenay/France, a provider of services and electronics solutions for defence and commercial customers. The closing is expected after obtaining all necessary approvals in the third quarter of 2019.

HENSOLDT will acquire Nexeya’s test and integration and services business as well as major parts of its mission management and power conversion businesses. The acquired activities represent a turnover of around €95 million and a workforce of approximately 620 employees.

“NEXEYA strengthens our industrial base particularly in France, improving customer access and enhancing our product portfolio”, said Thomas Müller, CEO of HENSOLDT.