KKR Agrees to Acquire IEP Technologies and Newson Gale

KKR has agreed to acquire IEP Technologies and Newson Gale, industrial safety businesses from HOERBIGER that provide engineered explosion protection systems and static grounding solutions to prevent and mitigate ignition risks in combustible dust, vapor and spark environments. The businesses serve food, chemicals, wood processing and energy end markets across a global footprint.

KKR is investing through its Global Impact Strategy and, following closing, plans to support an employee ownership program.