Hensoldt South Africa, a pioneer of technology and innovation in defence and security electronics, has signed an agreement to acquire the Air Traffic Management (ATM) and Defence & Security business units of Tellumat.
The agreement was signed by Rynier van der Watt, Managing Director of Hensoldt South Africa and Andrew Connold, CEO of Tellumat, during a virtual ceremony recently hosted by Hensoldt at its offices in Pretoria. The transaction will be effective as soon as all regulatory approvals have been obtained.
“With this transaction we are combining the activities of two leading defence electronics providers and strengthening our position as a leading defence, security and electronics brand in South Africa,” Van der Watt said.
“The complementary product portfolios of Hensoldt South Africa and Tellumat create a complete sensor solutions offering, that is in line with that of the Hensoldt Group.” Van der Watt added that, “We will create new products and services that will build upon the significant expertise that is being acquired.”
Hensoldt South Africa and Tellumat have business areas that complement each other, including sensors and communications, particularly for unmanned aerial vehicles and other airborne intelligence, surveillance and reconnaissance (ISR) applications.
The acquired activities represent a workforce of more than 100 people across offices in Cape Town and Pretoria, with demonstrated expertise in a range of capabilities complementing Hensoldt South Africa’s offering.
Tellumat’s defence and security portfolio covers identification friend or foe (IFF) systems, tactical communications (including radio and video links), and unmanned aerial vehicle (UAV) systems, including a full suite of data links and avionics. Its Air Traffic Management portfolio includes the supply, installation and maintenance of radar, navigational, voice communication and runway lighting systems for military and civilian airports.
“While this new relationship advances the legacy of Tellumat’s well-proven and innovative products, services and solutions, it also further expands the sales reach of the acquired business units through the global footprint of the Hensoldt Group,” Connold said.
Celia Pelaz, Hensoldt Group Executive responsible for South Africa said: “This acquisition is a further step in the Hensoldt Group’s commitment to continue to invest in South Africa and to grow Hensoldt South Africa as one of its home countries. We are leveraging the power of the Hensoldt brand to expand its global footprint and open new market opportunities for the South African business.” – TradeArabia News Service