New Defence Champion HENSOLDT to be given Holding Structure

- Taufkirchen, Germany.

HENSOLDT, the newly founded sensor house, will be given a holding structure enabling close proximity to the market, which will be headed by a new management team.

The company, which was formed from Airbus defence electronics activities and a majority stake in which was sold to the US financial investor KKR on 1 March 2017, will pursue their activities with two private limited liability companies to be controlled by a holding company. The managing directors of the holding company will be Thomas Müller, previously managing director of Airbus DS Electronics and Border Security GmbH (EBS), Axel Salzmann (Chief Financial Officer, CFO), until recently CFO of Bilfinger SE in Mannheim, and Peter Fieser (Chief Human Resources Officer, CHRO), who previously managed the HR department of Airbus DS EBS GmbH.

The holding company will rest on two pillars: on HENSOLDT Sensors GmbH, currently still Airbus DS Electronics and Border Security GmbH, under the direction of Peter Schlote, who is also the Chief Operating Officer (COO) of HENSOLDT, and CHRO Peter Fieser. The second pillar will be HENSOLDT Optronics GmbH, which is currently still Airbus DS Optronics GmbH, under the direction of Andreas Hülle. The change in the legal name of the companies will take place in the second quarter of 2017 as soon as the corresponding entries have been made in the commercial register.

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