How it started
History
The company originated from the electronics business unit of the defence division of the Airbus. At the end of February 2017, Airbus sold this business unit to the US financial investor KKR for 1.1 billion euros. Since December 2020, the government of Germany holds a minimum share, which is managed by the Federal Ministry of Defence (BMVg).
Since 2017, the company has been known as Hensoldt. The company's name can be traced back to Moritz Carl Hensoldt (1821–1903), a German pioneer of optics and precision mechanics in the 19th century. In 1852, he founded an optical workshop for telescopes, astronomical equipment and microscopes.
In 2019, news agency Reuters reported that KKR was in the process of preparing for a listing of 20-30% on the stock exchange or a sale of Hensoldt.
In 2023, Hensoldt acquired defence systems integrator ESG Elektroniksystem for an enterprise value of 675 million euros ($727.79 million), along with an earn-out of up to 55 million euros.
In June 2026 Hensoldt completed its acquisition of Nedinsco, a Venlo-based Dutch optronics specialist (periscopes, driver-vision optics), folding the ~140-person firm into its Optronics division.
From Wikipedia’s article on Hensoldt AG, shared under CC BY-SA 4.0.2