HENSOLDT Acquires ESG, Bolstering Its Defence Electronics and System Integration Capabilities

HENSOLDT has finalized the acquisition of ESG Elektroniksystem- und Logistik-GmbH as of 2 April 2024, following the agreement last year and subsequent official approvals. This move is poised to significantly enhance HENSOLDT's stature as a national defence electronics champion by integrating ESG’s comprehensive system integration expertise and technological innovation capabilities.

CEO of HENSOLDT, Oliver Dörre, articulated that this acquisition seamlessly aligns with the company's strategic initiatives, propelling HENSOLDT towards becoming a pre-eminent solution provider in defence and security domains by merging the synergistic strengths of both entities. ESG’s integration is expected to expedite HENSOLDT's international expansion and afford ESG new growth prospects through better capital market access.

Christoph Otten, Managing Director of ESG, highlighted the acquisition’s potential to extend ESG's reach into international markets, bolstered by the financial robustness of HENSOLDT. This partnership is anticipated to amplify ESG’s system integration, technology, and innovation proficiencies within comprehensive solutions frameworks.

With a legacy dating back to 1967, ESG’s prowess in developing, integrating, and operating complex security-sensitive electronic and IT systems has cemented its status as a leading German systems house, contributing significantly to pivotal defence programmes.