# KKR completes acquisition of 74.9% stake in Airbus Defence Electronics

KKR & Co. L.P. completed the acquisition of a 74.9% stake in the defence electronics business from Airbus Defence and Space GmbH for €1.1 billion. The deal was announced on March 18, 2016, and closed on February 28, 2017. Airbus retains a 25.1% minority stake.

- Type: Acquisition
- Announced: 2017-02-28
- Where: Germany
- Value: $1.17B (1.10B EUR)
- Status: completed
- Products: defence electronics
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Airbus Defence and Space](https://endata.com/companies/16608.md) (target)
- [KKR & Co. L.P.](https://endata.com/companies/22492.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/HENSOLDT-AG-112902521/news/KKR-Co-L-P-completed-the-acquisition-of-74-9-stake-in-defence-electronics-business-from-Airbus-35181569/), 2017-02-27: "KKR & Co. L.P. completed the acquisition of 74.9% stake in defence electronics business from Airbus Defence and Space GmbH on February 28, 2017."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.