Acquisition expands international growth, product offering and service to global defence and security personnel
Global law firm, Morgan Lewis announced that it has advised Gentex Corporation on the acquisition of Helmet Integrated Systems Limited [HISL].
Gentex is a global leader in integrated helmet systems for defence and security personnel, headquartered in Carbondale, Pennsylvania. HISL is an established provider of helmets, communications equipment and respiratory protection for civil, defence, security and industrial personnel.
Gentex and HISL will combine their world-class products, technologies, and manufacturing resources to provide customers with one of the most advanced, comprehensive lines of integrated helmet, respiratory and communications systems in the market.
“This powerful combination creates a significant opportunity for growth for both businesses,” said L.P. Frieder, president, Gentex Corporation. “The addition of HISL will accelerate Gentex’s international growth by providing us with immediate access to new markets and the ability to better support our global customers from HISL’s UK facilities,” added Frieder. “For HISL, access to Gentex’s business development, technology, manufacturing and quality engineering resources will strengthen their offering and support the growth of their brands in the global market. We look forward to delivering a new level of capability and value to all our customers.”
HISL will operate as a UK subsidiary of Gentex Corporation with K. Jan Korny continuing to serve as managing director of HISL, reporting to Frieder.
Lawyers from Morgan Lewis’ London, Philadelphia and Paris offices assisted with the transaction, with support from the firm’s other US offices. The deal was led by London Business & Finance partner Iain Wright, with assistance from partners Tim Maxwell, Louis Beardell, Kate Habershon, Judy Walkoff, Roland Montfort and Sue Quint, and associates Ann-Marie Davies, Lee Harding, Kate Moll-Taylor, John Hemmer, Daniel Marks, Katerina Heal, Jeff Hurwitz, Amale El Fatmioui, consultant Robert Scott and trainee solicitor Elin Gosby.
The Gentex announcement on the acquisition can be found here.