Praesidiad announced the acquisition (subject to regulatory approval) of DREHTAINER GmbH in Germany to be driven and operated under the Group’s Hesco business. The transaction is expected to close in Spring 2019.
“We are pleased that DREHTAINER has found a partner in Hesco that shares our culture and values and with whom we can work together to continue the growth of the business,” said Reinhard Glombek and Jens Harder, Managing Partners for DREHTAINER.
“Under Praesidiad’s leadership Hesco has accelerated expansion into complimentary new key markets,” said Michael Hughes, CEO at Hesco. “Not only does this acquisition further expand our portfolio but it also enables the crucial collaboration between Hesco and DREHTAINER’s respective engineering capabilities. Together we will share sector knowledge and innovate new ground-breaking technologies for military and security protection.”
www.praesidiad.com
Praesidiad Group acquires DREHTAINER
About Security Buyer
Security Buyer is the leading authority in global security content, delivering expert news, in-depth articles, exclusive interviews, and industry insights across print, digital, and event platforms. Published 10 times a year, the magazine is a trusted resource for professionals seeking updates and analysis on the latest developments in the security sector.
To submit an article, or for sponsorship opportunities, please contact our team below.
Rebecca Spayne
Managing
EDITOR
Georgina Turner
Sales
Manager
Afua Akoto
Marketing Manager
Read the Latest Issue
Follow us on X
Follow us on X
Click HereFollow us on LinkedIn
Follow us on LinkedIn
Click HereAdvertise here
Reach decision makers and amplify your marketing
