Published by Global Banking & Finance Review®
Posted on March 25, 2026
2 min readLast updated: March 25, 2026
Add as preferred source on GoogleGerman satellite firm OHB, backed by KKR, is planning a share sale potentially diluting KKR's minority stake. A placement of new and existing shares equal to ~20% of the company could value it slightly above its ~€5.5 billion market cap, with Deutsche Bank, Goldman Sachs and JPMorgan mandated as glo
March 25 (Reuters) - German satellite maker OHB is working on a share sale, potentially allowing minority investor KKR to reduce its stake, Bloomberg News reported on Wednesday.
A deal could value OHB at slightly above its market value, which was about 5.5 billion euros ($6.37 billion) as of last close, the report said, citing people familiar with the matter.
Germany's Fuchs family, which owns around 65% of OHB, and KKR, which owns roughly 29%, are discussing a sale of new and existing shares equivalent to 20% of the company, the report said.
KKR plans to keep a significant holding after a transaction, according to the report. KKR acquired its minority stake in OHB in 2024, with the Fuchs family retaining permanent control of the company.
Deutsche Bank, Goldman Sachs and JPMorgan have been chosen as global coordinators of the offering, which could take place as soon as this year, the report said.
The banks, OHB and KKR did not immediately respond to Reuters' requests for comment. Reuters could not independently verify the report.
Last week, OHB reported a 21% jump in its 2025 revenue, driven by strong demand for satellite systems and launcher components as European governments bolster their defence and strategic space capabilities.
($1 = 0.8636 euros)
(Reporting by Heera Hari in Bengaluru; Editing by Shilpi Majumdar)
OHB is working on a share sale that may allow KKR to reduce its minority stake.
The Fuchs family owns around 65% and KKR owns roughly 29% of OHB.
Deutsche Bank, Goldman Sachs, and JPMorgan are serving as global coordinators.
The deal could value OHB at slightly above its last close market value of 5.5 billion euros.
A 21% jump in 2025 revenue was driven by strong demand for satellite systems and launcher components.
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