In times of warfare, the reliability of military weapons is absolutely critical to the success of a mission. For nearly a decade, military contractors have leveraged Exxelia Ohmcraft’s custom, high voltage resistors and dividers to ensure product performance in a variety of military applications, including the FGM-148 Javelin—the most-deployed anti-tank missile in the world.
HLD Europe has entered into exclusive negotiations with the investment company IK Investment Partners, to become the majority shareholder of Exxelia, the European leader in the manufacturing of high reliability passive components and electromechanical systems. Exxelia management reinvests alongside HLD Europe. The completion of the transaction is subject to the consultation of employee representative bodies and the approval of the competition authorities as well as the French and American administrations.