Economy🌐 Available in EnglishJune 22, 2026

Germany reaches deal to buy 40% of Europe’s biggest tank maker - Financial Times

Germany reaches deal to buy 40% of Europe’s biggest tank maker - Financial Times
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Financial Times
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Germany has reached an agreement to acquire a 40% stake in KNDS, Europe's largest tank manufacturer, after months of negotiations. The deal paves the way for an initial public offering and reflects Berlin's commitment to strengthening its domestic defence sector.

Germany reaches deal to buy 40% of Europe’s biggest tank maker

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Germany reaches deal to buy 40% of Europe’s biggest tank maker

After months of wrangling over KNDS stake, Berlin’s agreement paves the way for an IPO

!A Leopard 2A6 tank fires its main gun, producing a large blast and cloud of dust during a demonstration.

*Germany is to buy a stake in the maker of the Leopard 2 tank to ‘safeguard the country’s interests’

© Daniel Reinhardt/AFP via Getty Images*

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Laura Pitel and Anne-Sylvaine Chassany in Berlin, Leila Abboud in Paris and Sylvia Pfeifer in London

Published5 hours ago

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