HENSOLDT, a defence supplier, agreed to acquire ESG, an IT service management, from Armira Beteiligungen, a private equity firm, for €675m. “The acquisition of ESG is an excellent fit with our overall strategy and accelerates HENSOLDT’s development as a solution provider for defence and security. By combining highly complementary capabilities from HENSOLDT and ESG, we are taking a decisive step towards becoming a leading European provider of seamlessly integrated solutions. This will put us in an ideal position to meet the existing and future requirements of our customers around the world,” Thomas Müller, HENSOLDT CEO.