Arms supplier Vincorion aims for stock exchange - Vincorion to launch Frankfurt IPO as Germany's defence boom accelerates
Vincorion, a German defence supplier, has announced plans to go public on the Frankfurt Stock Exchange in early 2025. The company, which specialises in generators, mechatronics, and energy solutions, has seen rapid growth in recent years. Its move comes as Germany's arms industry expands amid rising military spending.
Founded as part of Jenoptik until 2022, Vincorion was later acquired by a British private equity firm. The company now employs around 900 people across three German sites: Wedel, Altenstadt, and Essen. Last year, it reported revenues of €240 million, with an average annual growth rate of 22% projected between 2023 and 2025.
Its products are integrated into major air defence systems, including Patriot and IRIS-T. Clients such as Rheinmetall and Airbus rely on its technology. By the start of this year, Vincorion's order backlog had reached approximately €1.1 billion.
CEO Kajetan von Mentzingen described the upcoming IPO as a key step in the company's development. The defence sector has flourished since Russia's invasion of Ukraine, with firms like Rheinmetall seeing sharp increases in share prices. Vincorion's listing reflects this broader trend of rising demand for military equipment.
The planned IPO will mark Vincorion's next phase of expansion. With a strong order book and growing revenue, the company is positioning itself as a major player in Europe's defence industry. Its listing follows a period of increased investment in military technology across the continent.
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