Hensoldt to acquire Kelvin Hughes
German sensor house Hensoldt is set to acquire UK radar company Kelvin Hughes from UK private equity firm ECI and management, Hensoldt announced on 30 June.
The transaction is expected to close in the fourth quarter of 2017.
Kelvin Hughes designs, produces and markets radar sensors for maritime and security applications. Its products include the SharpEye solid state high performance pulse Doppler radar as well as command and control software that allows the integration of multiple radar and camera sensors into a comprehensive display package.
Thomas Müller, CEO of Hensoldt, said: ‘Kelvin Hughes is highly successful in the marine and security markets, while Hensoldt has a strong position in the higher-end military and surveillance radar domains.
‘Our portfolios and market access are highly complementary and we will see significant growth from this transaction. The Kelvin Hughes product portfolio will allow us to enter more price-sensitive markets and their security solutions will add value to the Hensoldt products and bring us one step closer towards our strategic objective to develop our sensor house into a sensor solutions provider.’
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