KKR to Acquire IEP Technologies and Newson Gale, Representing the Majority of HOERBIGER’s Safety Business Unit
KKR agreed to acquire IEP Technologies and Newson Gale, which together make up the majority of HOERBIGER's Safety Business Unit. The targets provide industrial explosion protection and static grounding solutions; KKR is investing through its Global Impact Strategy and plans an employee ownership program post-close. Financial terms were not disclosed and the deal is expected to close in Q1 2027 pending regulatory approvals; HOERBIGER retains its Engine & Generators segment.
Key figures
- Expected close
- Q1 2027
- Seller employees
- more than 7,500
- Seller annual sales
- EUR 1.6 billion
AI analysis
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