US EditionPublished • loading... • Updated
European Defence Group Knds Plans Dual Listing in 2026
KNDS aims to raise funds through a dual IPO on Frankfurt and Paris exchanges to boost industrial capacity and innovation amid rising European defense sector valuations.
- On Wednesday, KNDS, the Amsterdam-based French-German defence group, said its board of directors will continue preparations for a 2026 IPO, subject to market conditions.
- To finance growth, KNDS said the public listing will expand access to capital markets and allow investment in industrial capacity, technology and talent, CEO Jean-Paul Alary said.
- KNDS plans dual listings in Frankfurt and Paris and appointed Christian Schulz to the board at the start of 2026, replacing Werner Frank; it was formed in 2015 by Nexter Systems and Krauss-Maffei Wegmann , with each owner holding 50%.
- Market momentum has seen shares in Europe's defence firms surge since 2022, and KNDS's 2024 revenue rose 17% to €3.8 billion amid rivals' gains.
- Chairman Tom Enders added that order books diverge sharply, with KNDS France at 6 billion and KNDS Deutschland at 14.9 billion at the end of 2024.
Insights by Ground AI
14 Articles
14 Articles
KNDS Targets Dual IPO to Fuel European Defence Ambitions
Franco-German defence giant KNDS plans a dual IPO in Paris and Frankfurt to capitalize on investor interest. The move is part of its strategy for long-term growth and enhanced capital access. Formed from Krauss-Maffei Wegmann and Nexter, KNDS expects to further invest in industrial capacity and technology.
·India
Read Full Article
The strong interest in defense stocks is also spurring tank manufacturer KNDS, the Leopard 2 producer, to confirm its IPO plans. A recently discussed deal with Rheinmetall is therefore likely off the table.
Coverage Details
Total News Sources14
Leaning Left0Leaning Right1Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
Factuality
To view factuality data please Upgrade to Premium
