Sierra Nevada Corporation receives minority equity investment in Deutsche Aircraft Holdings from OHB SE and AFK Enterprise joint venture

Sierra Nevada Corporation (SNC) and its subsidiary Deutsche Aircraft Holdings (DAH) received a minority equity investment from a joint venture formed between OHB SE and AFK Enterprise AG. The investment will support development of the D328eco aircraft. The transaction is subject to German government approval and is expected to close in Q1 2023.

“The equity stake in DAH is subject to approval from the German Government which is currently supporting development of the D328eco with a high-volume development cost loan which, supports development of clean aviation initiatives at Deutsche Aircraft.”cohengresser.com

• 1 source
• cohengresser.comCohen & Gresser acts as lead counsel to Deutsche Aircraft Holdings in relation to an equity investment by a major cross-border aerospace joint venture company | Cohen & GresserJan 10, 2023

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