Home / M&A Activity / HDT Global Buys DRS Environmental Systems in Ground Support Portfolio Expansion Strategy

HDT Global Buys DRS Environmental Systems in Ground Support Portfolio Expansion Strategy

Solon, Ohio-based expeditionary shelter systems provider HDT Global has purchased the assets of DRS Environmental Systems for an undisclosed sum in a push to expand the former’s mobile aircraft ground platforms, environmental control units and mobile enclosure product offerings.

The transaction will allow HDT Global to include two DESI facilities in Ohio and Kentucky to its sites in Europe, Asia Pacific and the Americas, HDT Global said Thursday.

DESI produces transportable and rugged ground support systems, mobile enclosures, power generators and environmental control units.

Sean Bond, president and CEO of HDT Global, said HDT will integrate approximately 170 DESI employees with its team as part of the acquisition.

The transaction comes more than a year after Leonardo, then Finmeccanica, decided to call off its plan to sell its DRS Technologies subsidiary.

Check Also

Former Symantec Exec Nico Popp Joins Forcepoint as Chief Product Officer

Nico Popp, former senior vice president for cloud and information protection at Symantec, has been named chief product officer of cybersecurity company Forcepoint.

Microsoft Gets Task Order Under DoD’s JEDI Cloud Contract

The Department of Defense has awarded a task order worth $1M to Microsoft (Nasdaq: MSFT) under the potential 10-year Joint Enterprise Defense Infrastructure cloud computing contract.