# Leonardo acquires 25.1% stake in Hensoldt for €606M

Leonardo acquired a 25.1% stake in German defense sensor company Hensoldt from KKR for €606 million in April 2021, becoming the largest shareholder alongside KfW. The deal is pending regulatory approval and expected to close in H2 2021.

- Type: Acquisition
- Announced: 2021-04-01
- Where: Germany
- Value: $714.0M (606.0M EUR)
- Status: announced
- Products: sensor solutions for defense and security, radar equipment
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [KKR](https://endata.com/companies/16879.md) (investor)
- [Leonardo](https://endata.com/companies/18893.md) (acquirer)
- [HENSOLDT](https://endata.com/companies/24259.md) (target)

## Sources

- [leadersleague.com](https://www.leadersleague.com/fr/actualites/leonardo-hensoldt-strong-signal), 2021-10-22: "The investment reflects [the company’s] long-held view on the importance of building cooperation across the European aerospace and defense industry."

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