NEXEYA - Experts & Thought Leaders

HENSOLDT, the independent sensor solutions house acquires NEXEYA, a provider of services and electronics solutions for defence and commercial customers. With all legal requirements met, the share purchase agreement signed in April this year has now taken effect. The acquired activities represent a turnover of around €95 million and a workforce of approximately 620 employees. “NEXEYA strengthens our industrial base particularly in France, improving customer access and enhancing our product portfolio”, said Thomas Müller, CEO of HENSOLDT. Innovative product combinations “HENSOLDT is already successful in France, but this acquisition boosts our strategy of developing commercial markets and creates new opportunities in the area of services. Thus, the move is in line with the acquisitions made in Germany and the UK in the last two years in the areas of avionics, security and industrial engineering.” Our complementary product portfolios provide opportunities for innovative product combinations" “I am proud, that NEXEYA becomes a part of HENSOLDT” said Jérôme Giraud, CEO of NEXEYA France and HENSOLDT Holding France. “This is an exciting new chapter for our growth story. Our complementary product portfolios provide opportunities for innovative product combinations and new developments that will benefit our customers domestically and abroad”, Giraud said. “NEXEYA will benefit from increased global and segmental market access, investment capacities and human skills using the continuously growing HENSOLDT sales and marketing network.” Hydrogen-based energy storage and supply stations With three major industrial sites (Angoulême, Massy and Toulouse), NEXEYA designs, manufactures tests and maintains complex electronic systems for the Aerospace, Defence, Energy and Transports sectors. An industrial partner of the aeronautical industry for more than 30 years, NEXEYA supplies products and solutions to aircraft OEMs, both civil and military, as well as their equipment manufacturers. The company is involved in all stages of development and life cycle of an aircraft, from the design and validation of prototypes to their maintenance. Complementary with HENSOLDT France, which develops IFF identification systems and data links for the Defence market, NEXEYA designs mission management systems. NEXEYA is also a strong player in the renewable energy market, developing and manufacturing hydrogen-based energy storage and supply stations.

HENSOLDT, the independent sensor solutions house has agreed to acquire the major part of the activities of Nexeya, Chatenay/France, a provider of services and electronics solutions for defence and commercial customers. The closing is expected after obtaining all necessary approvals in the third quarter of 2019. HENSOLDT will acquire Nexeya’s test and integration and services business as well as major parts of its mission management and power conversion businesses. The acquired activities represent a turnover of around €95 million and a workforce of approximately 620 employees. Enhancing product portfolio The acquisition boosts our strategy of developing commercial markets, creating new opportunities in the area of services"“Nexeya strengthens our industrial base particularly in France, improving customer access and enhancing our product portfolio,” said Thomas Müller, CEO of HENSOLDT. “Furthermore, the acquisition boosts our strategy of developing commercial markets, creating new opportunities in the area of services. Thus, the move is in line with the acquisitions made in the last two years in the areas of avionics, security and industrial engineering.” “HENSOLDT has been present in France since 2018 with its subsidiary HENSOLDT France SAS, with product lines in the field of communication and IFF. This is an exciting new chapter for our growth story in the important French market. Our complementary product portfolios provide opportunities for innovative product combinations and new developments,” Thomas Müller said. “Nexeya will benefit from increased global and segmental market access, investment capacities and human skills using the continuously growing HENSOLDT sales and marketing network.” The space activities of Nexeya as well as certain defence activities are not part of the transaction, they will be retained by the current shareholder.