Steen Associates acted as exclusive financial adviser to HENSOLDT on its acquisition of Nedinsco

HENSOLDT has signed an agreement to acquire Dutch optronics specialist Nedinsco. Based in Venlo and Eindhoven (Netherlands), Nedinsco, founded in 1921, is a long-standing developer and manufacturer of electro-optical sensor systems.

With a workforce of around 140 employees, the company is an innovative supplier of periscopes, driver vision systems, and subsystems for optronic sensor units. It is widely recognized for its deep expertise in the development and manufacturing of electro-optical sensor systems, as well as image processing and analysis. Under the leadership of CEO Arno Bouwmeester, the company has positioned itself to support its customers by delivering precision and reliability through close partnerships.

HENSOLDT is a leading European provider of sensor solutions. It operates mainly in the areas of defence, security, and aerospace, consistently pursuing a strategy of expanding its own value creation depth, increasing industrial resilience, and scaling production capacities in line with rising demand in the defence and security market.
Following the acquisition, Nedinsco will become part of HENSOLDT’s Optronics segment, ensuring a targeted strategic expansion of capabilities in the areas of situational awareness, driver vision systems, and sensor subsystems. Combining HENSOLDT's reach with Nedinsco's Dutch sites creates a stronger platform to increase technological autonomy, accelerate innovation cycles through rapid prototyping, and expand industrial presence in Europe for major defence programs.

The transaction is expected to close in mid-2026, subject to regulatory approvals and the works council consultation process of Nedinsco.