Munich, 5 April 2018 – HENSOLDT, the leading independent sensor solutions house, acquires PentaTec Elektronische Systeme GmbH, a German provider of engineering services, test equipment and optronic sensors based in Munich. Following the approval of anti-trust authorities the transaction now has come into effect.
“PentaTec represents the leading edge of German engineering”, said Thomas Müller, CEO of HENSOLDT. “The company constitutes a valuable complement to our product portfolio and system design capabilities. This transaction is an important milestone in the implementation of our strategy to develop complete system solutions, open up adjacent markets and strengthen value creation by widening our technological capabilities.”
PentaTec Elektronische Systeme GmbH, with 10 employees, generates revenues of approx. €2m. The company offers engineering services and provides test equipment for automotive and defence applications. In these areas it develops hardware, software and complete systems, tailored to individual customer requirements. PentaTec’s services range from system analysis, design and specification through to development of hard- and firmware to prototyping and manufacturing of small series.
HENSOLDT is a global pioneer of technology and innovation in the area of defence and security electronics. The company is a market leader in civilian and military sensor solutions, developing new products to counter evolving threats based on disruptive concepts in such fields as big data, robotics and cyber security. With a workforce of some 4,300 employees, HENSOLDT generates revenues of more than 1 billion euros per year.