- The acquisition is another step in expanding CONTROP’s activity in the Defense ,HLS and advanced paramilitary markets.
Tel-a-viv. 08 July 2021. CONTROP Precision Technologies Ltd. – a company specializing in the field of electro-optics and IR defense and homeland security solutions – announces the acquisition of Israeli company, ESC BAZ, which specializes in smart video and observation technology. The acquisition of the company will expand CONTROP’s portfolio, enabling it to provide end-to-end solutions for the HLS and paramilitary markets.
ESC BAZ has decades of experience in the field of short-term observation and surveillance systems. Through the synergy with CONTROP, the company will strengthen its presence in the international market.
“The acquisition of ESC BAZ is another step in the strategic plan of CONTROP to strengthen its footprint in the defense and HLS markets,” says Hagay Azani, President and CEO of CONTROP. Mr. Azani further noted, “ESC BAZ solutions will enable CONTROP to make its advanced electro-optics technology accessible to law enforcement, border protection and other relevant authorities and to multiply the technological solutions currently offered to the company’s customers in the fields of defense and HLS”.