KKR to Acquire Minority Investment in OHB
08.10.23
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Simpson Thacher is advising KKR in connection with the antitrust and FDI aspects of its acquisition of a minority investment in OHB SE (“OHB”). The Fuchs family will retain permanent control of the business as majority shareholders. OHB will continue to be led by Marco Fuchs as CEO and the existing management team.
OHB is a German space and technology group and one of the leading independent forces in the European space industry. With many years of experience in the realization of demanding projects, OHB is excellently positioned in international competition and offers its customers a broad portfolio of innovative products in the three divisions: Space systems, Aerospace and Digital. The company employs around 3,000 people and generates a total turnover of around €1 billion.
The Simpson Thacher team includes Étienne Renaudeau, Henry Llewellyn, Sandeep Mahandru and Lina Kim (Antitrust/FDI).