# 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.

- Type: Investment
- Announced: 2023-01-10
- Where: Germany
- Status: announced
- Products: D328eco aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Sierra Nevada Corporation](https://endata.com/companies/22864.md)
- [Deutsche Aircraft](https://endata.com/companies/29510.md) (target)
- [OHB SE](https://endata.com/companies/67418.md) (investor)
- [AFK Enterprise AG](https://endata.com/companies/67419.md) (investor)

## Sources

- [cohengresser.com](https://www.cohengresser.com/news_item/cohen-gresser-acts-as-lead-counsel-to-deutsche-aircraft-holdings-in-relation-to-an-equity-investment-by-a-major-cross-border-aerospace-joint-venture-company/), 2023-01-10: "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."

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