CONTROP Precision Technologies has acquired ESC BAZ, a Lod-based specialist in smart video and observation technologies, the company announced on 8 July.
The acquisition marks a further step in expanding the company’s portfolio and ability to craft solutions for the defence and security markets. ESC BAZ has decades of experience in 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 defence and [homeland security] markets […] 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 defence and HLS," commented Hagay Azani, CONTROP President and CEO.