EY advised Armira on the sale of ESG Elektroniksystem- und Logistik-GmbH to HENSOLDT Group

Armira has signed a definitive agreement to sell ESG Elektroniksystem- und Logistik-GmbH (“ESG”) to HENSOLDT Group (“HENSOLDT”). The transaction is expected to be completed in 2024, subject to specific conditions, including obtaining necessary regulatory approvals.

ESG is a platform-independent systems integrator as well as established technology and innovation partner for defence and public security. Today, the company employs 1,380 people in Germany, the Netherlands and the USA with exceptional technological expertise and is a reliable technology and innovation partner to the German Armed Forces, authorities and industry.

Armira is an investment holding focusing on direct equity investments in medium-sized, profitable family businesses and ambitious growth companies in DACH, Northern Italy and beyond. Armira is backed by an exclusive investor base of families, entrepreneurs and entrepreneurial capital for trusted partnerships with a long-term horizon.

EY supported Armira on the sell-side with the preparation of the financial factbook and IFRS conversion related support.

EYs sell-side team for the financial factbook was led by Claudio Chiandussi, supported by Christoph Hohorst, Oleksandr Halaiko, Philipp Stopp, Ankur Gupta and Lukas Senkler, together with subject matter expertise on rewards aspects from René Barth.

IFRS conversion related advice was led by Dr. Christine Burger-Disselkamp, supported by Dr. Wolfgang Maier, Hendrik Bartsch, Frank Regensburger, Qiao Chen, Philipp Stelker, Elmir Huskic, Jonas Missy and Yinyue Qiu.

For more insights about EYs sell-side transaction services, click here: Sell and Separate | EY – Deutschland