PRÆSIDIAD expands the Betafence and HESCO High Security Portfolio with the integration of Guardiar Products

PRÆSIDIAD announces a simplified business structure that will focus the organisation on their two global market-leading brands; Betafence and Hesco.

 


Praesidiad High Court Action Update

Praesidiad High Court Action Update

In the legal action commenced by the Praesidiad subsidiary, Hesco Bastion Limited, against Dirickx Systems Limited (Dirickx) and a number of ex-employees of Hesco, defence documents have now been served, copies of which can be viewed below.  For data privacy and document size reasons the annexes to those documents are not included in these links but can be provided upon request. Hesco’s claim against the defendants is continuing and is expected to come to trial in due course.

Link to Defence Document

Link to Grounds of Invalidity Document


Praesidiad takes High Court action against competitor and ex-employees for alleged wrongdoing

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Praesidiad Strengthens its Capital Structure

Praesidiad is pleased to announce that it has agreed a transaction with key stakeholders to strengthen its financial position and bolster its balance sheet to support the future growth of the business. 
 


10 million EUR investment in Betafence Zwevegem

The continual investment by Betafence in Belgium further strengthens Zwevegem as European Centre of Excellence for customised fencing solutions. 
 


New from Betafence

Betafence introduces to the European market, HoriZen Prime. An environmentally friendly privacy fence, with boards made from 98% recycled content and 100% recyclable posts and accessories. 


B-BBEEE Shareholder Announcement

Praesidiad’s wholly owned South Africa subsidiary Guardiar SA Pty Ltd that manufactures Betafence products for the SADAC region, finalises a minority shareholding agreement with Trident Union Partners.


HESCO Armor Announces Ballistic Insert with full AK-47 Protection

HESCO Armor adds a new Special Rifle Threat ballistic insert model, M210 to its extensive range of ballistic resistant plates.