Headquartered in Amsterdam, the firm plans a dual listing across Paris and Frankfurt, mirroring the structural model of aerospace giant Airbus. While existing shareholders—the French state and the KMW family—currently split ownership equally, the IPO will facilitate a marginal reduction in the French stake. This shift is intended to institutionalize collaborative oversight, ensuring that long-term strategic decisions remain insulated from national interests.
The company, born from a 2015 merger between Nexter and Krauss-Maffei Wegmann, currently commands a workforce of 11,000. Despite strong sales momentum, management anticipates a slight contraction in operating profit margins to 12% as the company absorbs the immediate costs of the transition. With 2026 growth forecasts projecting a 30% increase in turnover, the board intends to expand its membership to reflect a more integrated governance structure, signaling a departure from the rigid bilateral control that has defined its first decade.
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