Transactions

Drehtainer GmbH on its sale to PRÆSIDIAD

Drehtainer GmbH, a leading manufacturer of mobile protection systems, is to be acquired by PRÆSIDIAD. Steen Associates acted as the sole financial adviser to the shareholders of Drehtainer GmbH on this structured sales process.

Drehtainer GmbH is headquartered in Valluhn, Germany, and supplies a range of NATO armies with protective infrastructures, command posts and mission critical mobile protection systems. The acquisition by PRÆSIDIAD combines its globally recognized brand Hesco with a leading European manufacturer of special protected and RF shielded systems. The acquisition ideally positions the combined company to take advantage of the increasing protection requirements across NATO armies.