COMPANY NEWS
Hensoldt embarks on consolidation and expansion Globally renowned sensor solutions provider HENSOLDT has brought together its two subsidiaries in South Africa, GEW Technologies and HENSOLDT Optronics South Africa which, under the consolidated HENSOLDT South Africa brand, will see targeted growth and expansion in products, services, sales and R&D in what amounts to a bold new era for the company.
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onsolidating GEW and Optronics under the HENSOLDT brand is an important strategic step towards the future growth of our South African business”, said Thomas Müller, CEO of HENSOLDT. “We will leverage the power of the HENSOLDT brand and our global footprint to open new market opportunities for our South African business.” GEW has for decades been a highlyregarded specialist in spectrum dominance and electronic warfare systems, whilst Optronics is one of the world’s leading optronics suppliers, covering airborne gimbals, to submarine periscopes and laser rangefinders.
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Together, the two companies have more than 70 years of combined experience and proven industry success. The creation of HENSOLDT South Africa is a milestone in the growth of the South African business, with the new company aiming to leverage the immense power and well-earned trust of the global HENSOLDT brand to double its turnover, staff and reach in the next five years and open up new market opportunities, as well as develop critical skills. “This is a major step towards our HENSOLDT South Africa Growth Strategy and the creation of a South African sensor solution house”, said Celia Pelaz, member of HENSOLDT’s Executive Committee and
SECURITY FOCUS AFRICA SEPTEMBER 2019
responsible for the strategic development of HENSOLDT in South Africa. “We are committed to further investing in the growth of our South African footprint and support president Ramaphosa’s announced investment drive. Our experience in the country shows that international investment and cooperation that has been added to local infrastructure, skills and capacity is the perfect mix for business success and local economy growth.” Leveraging the strong heritage built up by the two South African brands over the past decades, the company is deeply committed to investing in the growth of its footprint in South Africa and investing in the country –
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