KKR to Acquire IEP Technologies and Newson Gale, Representing the Majority of HOERBIGER’s Safety Business Unit
NEW YORK & ZUG, Switzerland--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the agreement to acquire the Explosion Protection and Static Control segments from HOERBIGER, a diversified technology company headquartered in Switzerland with operations worldwide. The acquisition comprises the majority of HOERBIGER’s Safety Business Unit, namely IEP Technologies (“IEP”) and Newson Gale, two established providers of industrial safety solutions. IEP Technologies is a provider o