The drastic increase in government demand for defence equipment and the special funds made available at federal and European Commission level as part of the ‘ReARM Europe’ programme offer interesting opportunities for private equity investors and strategic investments. In March 2025, the EIB (European Investment Bank) restricted its prohibited financing activities in the defence and security sector “as narrowly as possible,” meaning that, with the exception of weapons and ammunition, virtually everything can be financed, including investments in barracks, warehouses, land and air vehicles, drones, helicopters, radar systems, satellites, mine clearance technology, interference suppression technologies and much more.

We have been assisting our clients for many years with all financing issues, any state aid implications in the event of the utilisation and/or granting of subsidies, and throughout the entire M&A process. We provide support in the preparation of LOIs, SPAs, NDAs (non-disclosure agreements) and CTAs (clean team agreements). If required, we take over and manage due diligence, contract drafting and contract negotiations through to the implementation and execution of the agreed arrangements. When financing, we take specific sustainability requirements (ESG) into account and protect our clients from risks arising from sector-specific investment controls and/or the War Weapons Control Act.