Leonardo to acquire a 25.1% stake in German HENSOLDT AG | DEFENCE ReDEFiNED | News on Defence, Security and International Relations

[et_pb_section fb_built="1" fullwidth="on" _builder_version="4.4.3" background_color="rgba(0,0,0,0.58)" height="80px" background_color_phone="#000000" background_last_edited="on|phone" background_enable_color_phone="on" custom_css_main_element="z-index:99;" da_disable_devices="off|off|off" locked="on" da_is_popup="off" da_exit_intent="off" da_has_close="on" da_alt_close="off" da_dark_close="off" da_not_modal="on" da_is_singular="off" da_with_loader="off" da_has_shadow="on"][et_pb_fullwidth_menu menu_id="11" fullwidth_menu="on" active_link_color="#e09900" dropdown_menu_bg_color="rgba(230,160,42,0.7)" dropdown_menu_text_color="#FFFFFF" dropdown_menu_active_link_color="#000000" mobile_menu_bg_color="rgba(0,0,0,0.8)" logo="https://defenceredefined.com.cy/wp-content/uploads/2020/02/logo-menu-1.png" logo_url="@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoiaG9tZV91cmwiLCJzZXR0aW5ncyI6e319@" logo_max_width="73%" logo_max_height="200px" show_search_icon="on" cart_icon_color="#FFFFFF" search_icon_color="#FFFFFF" menu_icon_color="#e6a02a" search_icon_font_size="10px" menu_icon_font_size="40px" module_class="full_main_menu" _builder_version="4.4.3" _dynamic_attributes="logo_url" menu_font="Open Sans|700|||||||" menu_text_color="#FFFFFF" menu_font_size="15px" background_color="rgba(0,0,0,0)" width="100%" custom_margin="||||false|false" custom_margin_tablet="|||0px|false|false" custom_margin_phone="|||0px|false|false" custom_margin_last_edited="on|desktop" custom_padding="|||30px|false|false" custom_padding_tablet="" custom_padding_phone="|||0px|false|false" custom_padding_last_edited="on|phone" menu_font_size_tablet="" menu_font_size_phone="12px" menu_font_size_last_edited="on|phone" menu_line_height_tablet="" menu_line_height_phone="1em" menu_line_height_last_edited="on|phone" custom_css_menu_logo="margin-top:10px;||width:280px;" custom_css_menu_logo_last_edited="on|phone"][/et_pb_fullwidth_menu][/et_pb_section][et_pb_section fb_built="1" disabled_on="on|off|off" _builder_version="4.4.3" background_image="https://defenceredefined.com.cy/wp-content/uploads/2020/03/HEADERS_1920X430px_FINAL_DEFENCE-ARMAMENTS.jpg" min_height="300px" custom_margin="-80px||||false|false" da_disable_devices="off|off|off" locked="on" collapsed="on" da_is_popup="off" da_exit_intent="off" da_has_close="on" da_alt_close="off" da_dark_close="off" da_not_modal="on" da_is_singular="off" da_with_loader="off" da_has_shadow="on"][et_pb_row _builder_version="4.3.2"][et_pb_column type="4_4" _builder_version="4.3.2"][et_pb_text _builder_version="4.4.3" header_font="Open Sans|700|||||||" header_text_align="center" header_text_color="#e6a02a" header_font_size="60px" custom_margin="84px||-54px||false|false" custom_margin_tablet="" custom_margin_phone="90px||||false|false" custom_margin_last_edited="on|phone" header_font_size_tablet="40px" header_font_size_phone="30px" header_font_size_last_edited="on|tablet" custom_css_main_element="position:relative;||top:-10px;"]DEFENCE[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built="1" disabled_on="off|on|on" _builder_version="4.4.2" background_color="#f2ede7" custom_margin="0px||0px||false|false" custom_padding="0px||0px||false|false" da_disable_devices="off|off|off" locked="on" da_is_popup="off" da_exit_intent="off" da_has_close="on" da_alt_close="off" da_dark_close="off" da_not_modal="on" da_is_singular="off" da_with_loader="off" da_has_shadow="on"][et_pb_row _builder_version="4.4.2" custom_padding="||0px||false|false"][et_pb_column type="4_4" _builder_version="4.4.2"][et_pb_text disabled_on="off|on|on" _builder_version="4.4.3" header_font="Open Sans|700|||||||" header_text_align="center" header_text_color="#e6a02a" header_font_size="60px" custom_margin="||||false|false" custom_margin_tablet="" custom_margin_phone="||7px||false|false" custom_margin_last_edited="on|desktop" custom_padding="||||false|false" header_font_size_tablet="40px" header_font_size_phone="30px" header_font_size_last_edited="on|tablet"]DEFENCE[/et_pb_text][et_pb_divider color="#000000" divider_weight="3px" _builder_version="4.4.2" width="54%" module_alignment="center"][/et_pb_divider][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built="1" specialty="on" custom_padding_last_edited="on|phone" _builder_version="4.4.3" background_color="#f2ede7" inner_max_width="1400px" custom_padding="||12px|||" custom_padding_tablet="" custom_padding_phone="0px||0px||true|false" da_disable_devices="off|off|off" da_is_popup="off" da_exit_intent="off" da_has_close="on" da_alt_close="off" da_dark_close="off" da_not_modal="on" da_is_singular="off" da_with_loader="off" da_has_shadow="on"][et_pb_column type="1_4" _builder_version="3.25" custom_padding="|||" custom_padding__hover="|||"][et_pb_code disabled_on="on|on|off" _builder_version="4.4.3" locked="on"][adinserter block="3"][/et_pb_code][et_pb_text disabled_on="off|off|on" _builder_version="4.4.3" header_font="Open Sans|700|||||||" custom_margin="||0px||false|false" locked="on"]ARMAMENTS[/et_pb_text][et_pb_divider color="rgba(0,0,0,0)" divider_position="center" divider_weight="1px" disabled_on="off|off|on" _builder_version="4.4.3" background_color="#000000" width="100%" max_width="100%" min_height="1px" height="3px" custom_margin="0px||||false|false" custom_css_before="background:#e6a02a;||width:10%;||height:5px;||margin-top:-3px" locked="on"][/et_pb_divider][/et_pb_column][et_pb_column type="1_2" specialty_columns="2" _builder_version="3.25" custom_padding="|||" custom_padding__hover="|||"][et_pb_row_inner custom_padding_last_edited="on|phone" _builder_version="4.4.3" custom_padding_tablet="" custom_padding_phone="0px||0px||true|false"][et_pb_column_inner saved_specialty_column_type="1_2" _builder_version="4.3.2"][et_pb_text module_class="mbl_h" _builder_version="4.4.3" _dynamic_attributes="content" text_font="Open Sans|800|||||||" text_text_color="#000000" text_font_size="30px" text_line_height="1.1em" header_font="Open Sans|700|||||||" header_text_align="left" header_text_color="#000000" header_line_height="1.2em" locked="off"]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@[/et_pb_text][et_pb_text _builder_version="4.4.1" _dynamic_attributes="content" text_font="Open Sans||||||||" text_text_color="#000000" header_font="Open Sans|700|||||||" header_text_align="left" header_text_color="#000000" header_line_height="1.2em" custom_margin="0px||0px||true|false" custom_padding="0px|0px|0px|0px|true|true" custom_css_main_element="margin-right:10px;||float:left;" locked="on"]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9hdXRob3IiLCJzZXR0aW5ncyI6eyJiZWZvcmUiOiIiLCJhZnRlciI6IiIsIm5hbWVfZm9ybWF0IjoiZGlzcGxheV9uYW1lIiwibGluayI6Im9mZiIsImxpbmtfZGVzdGluYXRpb24iOiJhdXRob3JfYXJjaGl2ZSJ9fQ==@[/et_pb_text][et_pb_text _builder_version="4.4.1" _dynamic_attributes="content" text_font="Open Sans||||||||" text_text_color="#000000" header_font="Open Sans|700|||||||" header_text_align="left" header_text_color="#000000" header_line_height="1.2em" custom_css_main_element="||float:left;" locked="on"]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9kYXRlIiwic2V0dGluZ3MiOnsiYmVmb3JlIjoiIiwiYWZ0ZXIiOiIiLCJkYXRlX2Zvcm1hdCI6ImRlZmF1bHQiLCJjdXN0b21fZGF0ZV9mb3JtYXQiOiIifX0=@[/et_pb_text][et_pb_text module_class="print" _builder_version="4.4.1" text_font="Open Sans||||||||" text_text_color="#000000" link_font="Open Sans||||||||" link_text_color="#000000" link_font_size="18px" header_font="Open Sans|700|||||||" header_text_align="left" header_text_color="#000000" header_line_height="1.2em" custom_margin="0px||0px||true|false" custom_padding="0px|0px|0px|0px|true|true" custom_css_main_element="margin-left:10px;||float:left;" locked="off"][/et_pb_text][et_pb_image src="https://defenceredefined.com.cy/wp-content/uploads/2021/04/Leonardo-Hensoldt-1.jpg" title_text="Leonardo-share-in-Hensoldt" _builder_version="4.9.4" custom_css_main_element="clear:both;|| " border_width_all="5px" border_color_all="#e09900"][/et_pb_image][et_pb_text _builder_version="4.9.4" text_font="Open Sans||||||||" text_text_color="#000000" text_font_size="16px" custom_padding="4px|||||"]Leonardo has announced that it has entered into a definitive agreement with Square Lux Holding II S.à r.l., a portfolio company, to purchase a 25.1% stake in HENSOLDT AG for a cash consideration of approx. € 606 million or € 23 per share. HENSOLDT is a leading European player in the field of sensor solutions for defence and security applications, with an expanding portfolio in cyber security, data management and robotics. As a result of the stake purchase, Leonardo will become the largest shareholder of HENSOLDT alongside Kreditanstalt für Wiederaufbau (KfW) which is 80% owned by the Federal Republic of Germany. KfW agreed to acquire a 25.1% stake in HENSOLDT in March 2021. Also read: MGCS | Hensoldt’s “Game Changer” proposal for the European battle tank – VIDEO Alessandro Profumo, Leonardo CEO, said: "We are excited about the investment in HENSOLDT as the catalyst for the establishment of closer cooperation that will further enhance our respective positions in the growing defence electronics market. We believe that this step will create value for all our shareholders as it will bring together complementary strengths to serve more customers and partners with the solutions they need, whilst preserving national technologies and capabilities. This investment also reflects our long-held view on the importance of building cooperation across the European aerospace and defence industry and demonstrates the determination of Leonardo to play an active role in this development." Thomas Müller, CEO of HENSOLDT, said: "We very much welcome LEONARDO's investment in HENSOLDT. With this transaction, we will have a second long-term anchor shareholder in our company and a strong potential strategic partner with whom we are already successfully working together on a number of programs. As a leading provider of sensor solutions for defence and security applications, we see multiple opportunities of working together with LEONARDO to further support our successful strategy and to be able to strengthen HENSOLDT's long-term growth." Also read: Aermacchi M-346FA | The flexible multi-role fighter – VIDEO With the investment in HENSOLDT Leonardo will establish a strategic long term presence in the fast growing German defence market. Already today, Leonardo and HENSOLDT have a well-established relationship, including collaboration on the Eurofighter Typhoon program as independent operators within the consortium model. The envisioned closer cooperation will be based on a strong complementarity of the two companies in terms of geography, product portfolio, end markets, customers and suppliers in the Air Land and Naval domains and will allow them to deepen access to their respective markets, offer complete solutions to their customers and share best practices for the development of future technologies. Upon closing of the transaction, which is expected to take place in the second half of 2021, Leonardo will propose two candidates to be nominated as members of the Supervisory Board of HENSOLDT. Also read: Armaments | Dominant companies in the global market – Reduction of revenues for Russian industry[/et_pb_text][/et_pb_column_inner][/et_pb_row_inner][et_pb_row_inner custom_padding_last_edited="on|phone" module_class="ads-row" _builder_version="4.4.3" custom_padding_tablet="" custom_padding_phone="0px||0px||true|false" locked="on"][et_pb_column_inner saved_specialty_column_type="1_2" _builder_version="4.3.2"][et_pb_code _builder_version="4.4.3" locked="off"][adinserter block="1"][/et_pb_code][/et_pb_column_inner][/et_pb_row_inner][/et_pb_column][et_pb_column type="1_4" _builder_version="3.25" custom_padding="|||" custom_padding__hover="|||"][et_pb_text disabled_on="on|on|off" _builder_version="4.5.1" header_font="Open Sans|700|||||||" custom_margin="||0px||false|false" custom_margin_last_edited="off|tablet" locked="on"]ARMAMENTS [/et_pb_text][et_pb_sidebar area="et_pb_widget_area_5" show_border="off" _builder_version="4.4.3" header_font="Open Sans|700|||||||" header_font_size="20px" header_line_height="1.3em" body_font="Open Sans||||||||" body_text_color="#000000" locked="on"][/et_pb_sidebar][et_pb_code _builder_version="4.4.3" text_orientation_tablet="" text_orientation_phone="center" text_orientation_last_edited="on|phone" locked="off"][adinserter block="2"][/et_pb_code][et_pb_text disabled_on="on|off|off" module_class="side-subs" _builder_version="4.5.8" _module_preset="default" header_3_font="Open Sans|700|||||||" header_3_text_align="center" header_3_text_color="#e6a02a" header_3_font_size="17px" background_color="#ffffff" custom_margin="||||false|false" custom_margin_tablet="" custom_margin_phone="||||false|false" custom_margin_last_edited="on|phone" custom_padding="20px|10px||10px|false|true" custom_padding_tablet="" custom_padding_phone="||||false|true" custom_padding_last_edited="on|desktop" border_width_top="4px" border_color_top="#e6a02a" border_width_bottom="4px" border_color_bottom="#e6a02a"]NEWSLETTER SUBSCRIPTION PREFERRED LANGUAGEGREEKENGLISH I agree that my submitted data is being collected and stored. Read More [/et_pb_text][/et_pb_column][/et_pb_section][et_pb_section fb_built="1" _builder_version="4.4.2" background_color="#f2ede7" custom_margin="0px||0px||false|false" custom_padding="0px||0px||false|false" da_disable_devices="off|off|off" locked="on" da_is_popup="off" da_exit_intent="off" da_has_close="on" da_alt_close="off" da_dark_close="off" da_not_modal="on" da_is_singular="off" da_with_loader="off" da_has_shadow="on"][et_pb_row _builder_version="4.4.2" custom_margin="0px||0px||false|false" custom_padding="0px||0px||false|false"][et_pb_column type="4_4" _builder_version="4.3.2"][et_pb_text _builder_version="4.4.2" text_font="Impact||||||||" text_font_size="25px" text_letter_spacing="1px" custom_margin="||10px||false|false" custom_padding="||0px||false|false"]COMMENT[/et_pb_text][et_pb_divider color="rgba(0,0,0,0)" divider_position="center" divider_weight="1px" _builder_version="4.3.2" background_color="#000000" width="100%" max_width="100%" min_height="0px" height="3px" custom_margin="0px||||false|false" custom_css_before="background:#e6a02a;||width:10%;||height:5px;||margin-top:-3px"][/et_pb_divider][et_pb_comments _builder_version="4.4.3" form_field_background_color="#ffffff" form_field_focus_background_color="#ffffff" form_field_focus_text_color="#000000" header_font="Open Sans|600|||||||" header_text_color="#000000" header_font_size="20px" title_font="Open Sans|600|||||||" meta_font="Open Sans|600|||||||" custom_button="on" button_text_size="14px" button_text_color="#ffffff" button_bg_color="#e6a02a" button_border_width="0px" button_border_radius="0px" button_font="Open Sans|600|||||||" button_use_icon="off" button_alignment="left" custom_padding_tablet="" custom_padding_phone="0px||0px||true|false" custom_padding_last_edited="on|phone" border_width_all_fields="5px" border_color_all_fields="#e6a02a"][/et_pb_comments][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built="1" custom_padding_last_edited="on|phone" _builder_version="4.4.3" background_color="#f2ede7" custom_padding="||1px|||" custom_padding_tablet="" custom_padding_phone="0px||0px||true|false" da_disable_devices="off|off|off" locked="on" da_is_popup="off" da_exit_intent="off" da_has_close="on" da_alt_close="off" da_dark_close="off" da_not_modal="on" da_is_singular="off" da_with_loader="off" da_has_shadow="on"][et_pb_row _builder_version="4.3.2"][et_pb_column type="4_4" _builder_version="4.3.2"][et_pb_text _builder_version="4.4.3" text_font="Impact||||||||" text_font_size="25px" text_letter_spacing="1px" custom_margin="||10px||false|false" custom_padding="||0px||false|false"]READ MORE[/et_pb_text][et_pb_divider color="rgba(0,0,0,0)" divider_position="center" divider_weight="1px" _builder_version="4.3.2" background_color="#000000" width="100%" max_width="100%" min_height="1px" height="3px" custom_margin="0px||||false|false" custom_css_before="background:#e6a02a;||width:10%;||height:5px;||margin-top:-3px"][/et_pb_divider][et_pb_blog fullwidth="off" posts_number="3" include_categories="current" show_author="off" show_date="off" show_categories="off" show_excerpt="off" show_pagination="off" module_class="read-post" _builder_version="4.4.2" header_level="h3" header_font="Open Sans|700|||||||" header_font_size="18px" header_line_height="1.1em" body_font="Open Sans||||||||" body_text_color="#000000"][/et_pb_blog][/et_pb_column][/et_pb_row][et_pb_row disabled_on="on|off|off" _builder_version="4.4.3"][et_pb_column type="4_4" _builder_version="4.3.2"][et_pb_text _builder_version="4.4.3" text_font="Impact||||||||" text_font_size="25px" text_letter_spacing="1px" custom_margin="||10px||false|false" custom_padding="||0px||false|false"]RECENTLY[/et_pb_text][et_pb_divider color="rgba(0,0,0,0)" divider_position="center" divider_weight="1px" _builder_version="4.3.2" background_color="#000000" width="100%" max_width="100%" min_height="1px" height="3px" custom_margin="0px||||false|false" custom_css_before="background:#e6a02a;||width:10%;||height:5px;||margin-top:-3px"][/et_pb_divider][et_pb_blog fullwidth="off" posts_number="6" include_categories="all" show_author="off" show_date="off" show_categories="off" show_excerpt="off" show_pagination="off" module_class="read-post" _builder_version="4.4.2" header_level="h1" header_font="Open Sans|700|||||||" header_font_size="18px" header_line_height="1.2em"][/et_pb_blog][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built="1" custom_padding_last_edited="on|phone" module_class="comment" _builder_version="4.4.3" background_color="#f2ede7" custom_padding_tablet="" custom_padding_phone="0px||||false|false" custom_css_after="content: %22%22;||min-width:100%;||height:150px;||background: url(%22https://defenceredefined.com.cy/wp-content/uploads/2020/02/back-element-1.png%22) no-repeat ;|| background-position: center;|| background-repeat: no-repeat;||bottom: 0px;||position: absolute;||" da_disable_devices="off|off|off" locked="on" da_is_popup="off" da_exit_intent="off" da_has_close="on" da_alt_close="off" da_dark_close="off" da_not_modal="on" da_is_singular="off" da_with_loader="off" da_has_shadow="on"][et_pb_row custom_padding_last_edited="on|phone" _builder_version="4.4.3" custom_padding="||||true" custom_padding_tablet="" custom_padding_phone="0px||0px||true|false"][et_pb_column type="4_4" _builder_version="4.3.2"][et_pb_code _builder_version="4.4.3" text_orientation="center"][adinserter block="1"][/et_pb_code][/et_pb_column][/et_pb_row][/et_pb_section]