KKR Agrees to Acquire IEP Technologies and Newson Gale From HOERBIGER

KKR agreed to acquire IEP Technologies and Newson Gale, the majority of HOERBIGER's Safety Business Unit, the companies said on October 22, 2026. Financial terms were not disclosed. The deal is expected to close in the first quarter of 2027, subject to customary closing conditions including regulatory approvals, Business Wire reported.

KKR's Deal for HOERBIGER's Safety Unit

IEP Technologies provides industrial explosion protection, including engineered systems designed to prevent or mitigate explosions caused by combustible dust, vapors and sparks across industries such as food, chemicals, wood processing and energy. Newson Gale provides static grounding and bonding solutions that help prevent explosions caused by electrostatic ignition.

KKR is investing through its Global Impact Strategy, which focuses on opportunities where financial performance and societal impact are aligned. Following closing, KKR plans to support a broad-based employee ownership program giving all employees of IEP and Newson Gale the opportunity to participate in the companies' future growth.

"IEP Technologies and Newson Gale provide essential safety solutions that help protect people, facilities and operations across a wide range of industries," said Kyle Matter, Managing Director and Head of North America Global Impact at KKR. "We have been impressed by the team's deep technical expertise and commitment to their customers and, following closing, see meaningful opportunities to build on this strong foundation through investment in new capabilities and expansion opportunities."

Thorsten Kahlert, CEO and Chairman of the Executive Board of HOERBIGER, said the transaction marks an important step in the ongoing evolution of HOERBIGER's portfolio. Following the transaction, HOERBIGER will retain its Engine & Generators segment, which provides explosion relief valves for engines and generators, and the business will be integrated into HOERBIGER's Compression Division.

IEP Technologies' Explosion Protection Record

According to akta.pro company records, IEP Technologies has provided industrial explosion protection solutions for over 60 years since its founding in 1960, and detects and suppresses over 200 explosions per year at more than 8,000 sites worldwide. The company operates in the U.S., UK, EU, Latin America and Asia, with sales, service and support centers across North America, Europe, Latin America, Middle East/Africa and Asia/Pacific. In June 2024, IEP Technologies joined Worcester Polytechnic Institute's Steering Committee for a new Master's degree program in Explosion Protection Engineering, the first degreed program specializing in explosion protection.

Industrial Safety Deals Elsewhere

Axon Partners bought 232,943 Embention shares for over €2 million, raising its stake to 32.91%, Eleconomista reported on October 14, 2026. CSG acquired a 9.5% stake in MDA Space, making it the largest shareholder, GlobeNewswire reported on October 13, 2026. FVLCRUM Funds acquired Fidelity Technology Services, a military simulation training provider, Pulse 2.0 reported on October 12, 2026.

Closing Expected in Early 2027

The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions, including the receipt of regulatory approvals.