KKR To Acquire HOERBIGER's Explosion Protection And Static Control Segments; Terms Not Disclosed
The acquisition comprises the majority of HOERBIGER’s Safety Business Unit, namely IEP Technologies ("IEP") and Newson Gale, two established providers of industrial safety solutions.IEP Technologies is a
KKR bought two safety companies that make explosion and static protection equipment. When big investors buy smaller, focused businesses, it often means they see steady profits ahead.
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