Acquisition Strengthens Regional Footprint
Continuing its strategic expansion into the Asia-Pacific region, Munich-based Hensoldt announced on 10 October that it has acquired IE Asia-Pacific Pty Ltd, a radar solutions and services business headquartered in Canberra, Australia. The business is now operating as Hensoldt Australia Pty Ltd., and is the leading radar solutions and services provider in the country and throughout the wider APAC region, according to the company.
“The local support of our customers in Australia and in the Asia-Pacific markets is extremely important to Hensoldt,” explained Hensoldt CEO, Thomas Müller. “Hensoldt Australia is a part of our Global Customer Support and Services business and provides our customers with unparalleled radar solutions and systems support.”
Hensoldt Australia offers radar support, testing, training and installation services to the Australian Defense Force and other agencies. It currently employs more than 20 highly trained staff and generates annual revenues exceeding €4 million. “We are excited to join Hensoldt, to contribute to the company’s global growth and to further expand the support of our customers,” stated Darren Gillam, General Manager Operations for Hensoldt Australia.
The group maintains longstanding business relations, delivering radars, electronic warfare systems, electro-optronic devices and air traffic control equipment to customers in the APAC region. Hensoldt Australia will also be able to provide support to this wide range of products, which in turn will provide enhanced services and support for all our valued regional customers.