IEP Technologies and Newson Gale welcome the announcement that leading global investment firm KKR has signed an agreement to acquire both companies from HOERBIGER. This groundbreaking transaction marks the beginning of a dynamic new chapter for our companies.
As part of KKR's Global Impact Strategy, this partnership will provide IEP Technologies and Newson Gale with significant resources, capabilities, and strategic investment. Under KKR's ownership, we look forward to accelerating the development of our industry-leading explosion protection and electrostatic grounding solutions and further strengthening our commitment to protecting employees and facilities worldwide. The transaction is expected to close in the first quarter of 2027, subject to customary regulatory approvals.
Our customers can rely on a completely seamless transition, with all daily services, support and communication continuing through their usual contacts.
To read the full press release and learn more details, please visit the official company websites:
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