Leonardo acquisition of 25.1% of Hensoldt from KKR
Leonardo bought a 25.1% stake in German sensor maker Hensoldt from KKR.
- Company
- Hensoldt
- Type
- Stake sale
- Status
- Completed
- Date
- 3 Jan 2022
- Value
- €606m
- US$ equivalent
- US$638m
- Value basis
- €606m cash for 25.1%
- Region
- Europe
- Segment
- Defence electronics
Parties
- Leonardo buyer
- Square Lux Holding II (KKR) seller
Key terms
- Stake
- 25.1%
- Price
- €606m
- Agreed
- April 2021
Sources
- Shephard: Leonardo concludes acquisition of Hensoldt stake shephardmedia.com · Jan 2022
- Microwave Journal: Leonardo completes the acquisition of 25.1% in Hensoldt microwavejournal.com · Jan 2022
Record DEF-INV-2022-0001. Investments are kept apart from the financings register and never counted in debt totals.
