OHB SE (ISIN: DE0005936124, Prime Standard) has acquired an additional 30% of the shares in MT Aerospace AG. As a result, it has become the sole shareholder of the company. MT Aerospace is a leading international aerospace company and has been part of the OHB Group since 2005.
“The full acquisition of the shares in MT Aerospace AG underscores both our confidence in the company’s chosen growth path and in the very positive development of the global launch vehicle market. With its products and services, the company has been a reliable partner for decades, not only for the European aerospace industry but also for the defense industry. We are convinced that our position as the sole shareholder will facilitate our stronger positioning in the growing defense market,” explains Marco Fuchs, CEO of OHB SE.
The more than 500 employees of MT Aerospace AG develop, manufacture, and test components for institutional and commercial launch vehicle programs, for aircraft, satellites, and for applications in the defense industry. The company is Germany’s largest supplier to the European Ariane 6 program. With a share of over 10 percent of the work packages for the Ariane 6 launch vehicle, the company makes a significant contribution to securing Europe’s access to space.