In this context, KNDS relies on its site in Roanne, a pillar of armored vehicle production in France, where three V‐STAR machines from Fives are already in operation for the machining of critical aluminum parts.
Germany will acquire a 40% stake in Franco-German defence equipment group KNDS when it lists on the stock market, a German official said on Wednesday, matching the size of France's stake in the maker of the Leopard tank.
) CzechoslovakGroup seeks stake in tank maker KNDS - FT ... The Czech company's offer comes at a time when KNDS is planning a stock market listing ... KNDS is owned by a German family holding company, while the French state also holds a stake.
The planned IPO could become one of the biggest in Europe this year and would establish KNDS as one of the region's 10 biggest defense companies in a sector that has drawn investor interest as the continent seeks to increase military spending.
KNDS, a leading pan-European provider of land defence systems, and Elbit Systems, a global leader in defence systems and technologies, have agreed to establish a joint venture to market the EuroPULS rocket artillery system ... About KNDS. ... KNDS.