Industry

Betafence completes Hesco acquisition

08 July 2016

Betafence has completed the acquisition of UK field fortification firm Hesco, the firm announced on 8 July.

Regulatory approval for the acquisition was received from the United States on 7 July, allowing the acquisition to proceed to closure.

Financial details of the deal were not disclosed.

The acquisition of Hesco is Betafence's third since 2014, when the firm acquired US-based access and barrier control company SecureUSA. Betafence also acquired anti-ram crash barrier company Gibraltar US in 2015.



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