LONDON, July 14, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised HENSOLDT on an agreement to acquire London headquartered Kelvin Hughes Group, a provider of security and maritime radar solutions, from UK private equity firm ECI and management. HENSOLDT is a leading provider of radar and IFF systems on airborne, naval and land platforms.
The transaction is subject to standard regulatory approvals and closing is expected in the fourth quarter of 2017.
Kelvin Hughes designs produces and markets radar sensors mainly for maritime and security applications. The group’s products are used by more than 30 navies and coast guards worldwide.
London corporate partner Mark Stamp led a team including lawyers from the firm’s Corporate, Antitrust, Tax and Finance practices.
Legal Advisor to HENSOLDT: Milbank, Tweed, Hadley & McCloy LLP
Mark Stamp (lead), Merih Altay (both Corporate), Norbert Rieger (Corporate/M&A), Matthew Mortimer (Tax), James Mackay (Corporate), Alexander Rinne, Vanessa van Weelden, Katharina Kolb (all Competition), Joel Harrison, Faraaz Samadi, Chris Puttock, Cormac Kerins, Stephen McNeill, Katherine Soanes (all Corporate), Catherine Molony (Leveraged Finance)