HENSOLDT completed the acquisition of ESG from Armira Beteiligungen for €675m.

HENSOLDT, a defence supplier, completed the acquisition of ESG, an IT service management, from Armira Beteiligungen, a private equity firm, for €675m. "The acquisition of ESG fits perfectly into our overall strategy and accelerates the development of HENSOLDT as a solution provider for defence and security. By combining the highly complementary capabilities of HENSOLDT and ESG, we are taking a decisive step towards becoming a leading European provider of seamlessly integrated solutions. This step accelerates our international growth and opens up excellent development opportunities for ESG through capital market access," Oliver Dörre, HENSOLDT CEO.