CDE completed the acquisition of a 54.9% stake in Heckler & Koch.

CDE, a finance company, completed the acquisition of a 54.9% stake in Heckler & Koch, a German defense manufacturing company. Financial terms were not disclosed. “We are very interested in clear and stable ownership. With a financially strong, long-term oriented majority owner like CDE, the economic stability of H&K is now guaranteed sustainably. The consolidation course started in 2018 can now be continued consistently,” Jens Bodo Koch, H&K CEO.