Home War Defense: KNDS hopes for an IPO “as soon as possible”

Defense: KNDS hopes for an IPO “as soon as possible”

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Jean-Paul Alary, CEO of the European leader in land armaments, ensures that his teams are working with a lot of energy to ensure that the operation takes place in 2026.

« The sooner the better: this is the best scenario for us. » Jean-Paul Alary, CEO of KNDS, assured this Monday that the proposed listing of the Franco-German leader in land armaments remains crucial. And that it is still relevant today. “It is a project which was validated by the board of directors. We are working on it with a lot of energy and have not changed the timetable: the IPO is still planned for 2026 »he declared, on the first day of the Eurosatory arms fair. However, he refuses to provide any further details on this double listing in Paris and Frankfurt. But according to him, it must be achieved as quickly as possible.

The operation could, according to several financial analysts, value the manufacturer of armored vehicles, artillery pieces and other assault tanks (the French Leclerc and the German Leopard) between 15 and 20 billion euros, which would make it one of the largest European defense IPOs since…

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