Hensoldt has continued its global corporate expansion strategy with the acquisition of Australian company IE Asia-Pacific Pty Ltd.
The Canberra-headquartered company, which employs 20 staff, now operates as Hensoldt Australia, within the Hensoldt global customer support and services network.
Hensoldt did not disclose the value of the deal in its 10 October announcement but IE Asia-Pacific posted revenues of more than AUD6.5 million (USD4.4 million) in 2018.
Darren Gillam, director and general manager of IE Asia-Pacific since it was established in 2009, will stay on as general manager of the Hensoldt Australia entity.
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