KKR Completes Regulatory Approvals for OHB Investment

OHB SE, a German space and technology company, announces that KKR has received all regulatory approvals for its investment. All conditions of the voluntary public takeover offer have been fulfilled. As a result, KKR will become a minority investor with approximately 28.6% of the shares, while the Fuchs family retains around 65.4% of the shares. OHB plans to delist from the stock exchange.

OHB will continue its growth strategy with KKR as a partner. The demand for private space solutions is increasing, and OHB aims to become Europe's leading full-service provider in this sector. Marco Fuchs, CEO of OHB, expressed satisfaction with KKR's support for their long-term growth. Christian Ollig of KKR emphasized their goal of making OHB a European Space Champion.

The transaction will be completed by September 9, 2024, and OHB will maintain its status as an independent German family business. The remaining shares, approximately 6%, are in free float.