Defense

Q4 2025

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We are pleased to present our updated Defense SektorReport fQ4 2025. The Defense Sector Report combines elements from other areas such as industry, TMT, and mobility and is aimed specifically at decision-makers in medium-sized companies and investors active in this field. As experienced M&A consultants, our focus is primarily on how market participants can successfully enter the segment and what valuations are required to do so.

In the Sektor Insight, we look at how SMEs can enter the defense market by acquiring material approvals, delivery capabilities, and personnel qualifications as part of a specific and targeted M&A strategy in order to anticipate their own business development and secure order volumes in the defense sector. More on this on page 3 of the report.

The wave of consolidation driven by market trends continues, with corporations in particular buying up SMEs or parts of them along the military value chain for reasons of resilience. In today's report, you will find a look at the transaction between Magirus and Achleitner Fahrzeugbau. More on this on page 4 of the report.

We hope that this new format will provide you with a basis of information that can serve as a starting point for entering a growing and emerging leading market.

Our SektorReports are available in German language. If you have further questions regarding this topic, feel free to get in touch.

Card: SektorReport Industrials Q4 2025