KKR to Acquire Industrial Safety Units from Switzerland's HOERBIGER

Key Facts

KKR announced an agreement to acquire IEP Technologies and Newson Gale from Switzerland-based HOERBIGER. Business Wire reported that the transaction involves the acquisition of the majority of HOERBIGER's Safety Business Unit, specifically the Explosion Protection and Static Control segments.

The acquisition aims to integrate these established industrial safety solution providers into KKR's investment portfolio. KKR closed at $89.87 on October 21, 2026, with the stock trading between a low of $89 and a high of $91 during that session.