Vincorion: German Defence Tech Firm Sets €17 Share Price Ahead of Frankfurt IPO
FRANKFURT, 16 March 2026. Shares in German defence technology specialist VINCORION are in high demand ahead of a planned Friday listing on the Frankfurt Stock Exchange, lead underwriters confirmed. The Wedel-based company has set its initial public offering (IPO) price at €17.00 per share, aiming for a market capitalisation of approximately €850 million. The offer period for the secondary-only listing, which is expected to raise up to €345 million for selling shareholders, closes today.
The IPO Details and Market Context
The fast-tracked listing comes amid heightened investor interest in the European defence sector, partly driven by geopolitical tensions. The IPO is structured as a pure sell-down, meaning the company itself will not receive new capital from the share sale.
Pricing and Valuation
VINCORION announced the €17.00 per share offer price on Friday, 13 March 2026. At this price, the company would command a valuation of around €850 million. The offering comprises up to €345 million worth of shares, with the offer period ending today, 16 March, at 12:00 CET for retail investors and 14:00 CET for qualified investors.
Strategic Timing
The listing occurs during a rally for defence stocks, as investors seek safer assets amidst global market volatility. The company’s focus on critical power systems for defence and aviation aligns with increased European government spending in these areas.
Company Profile: VINCORION at a Glance
Headquartered in Wedel, near Hamburg, VINCORION is a technology firm specialising in innovative power systems for safety-critical applications in defence and aviation.
Leadership and Structure
The company is led by CEO Kajetan von Mentzingen, who was appointed in 2024, and CFO Dieter Holst. It operates as a subsidiary of UP THERE, EVERYWHERE International AB, registered in the UK.
Financial and Operational Snapshot
| Metric | Detail |
|---|---|
| Employees | Approx. 900 (2024) |
| Revenue | €203 million (2024) |
| Corporate Purpose | Development, manufacture, and distribution of products in machinery, vehicle, apparatus, aeronautics, and transport technology. |
| Founded | 1967 |
Frequently Asked Questions (FAQs)
What does VINCORION do?
VINCORION is a German technology company that develops and manufactures advanced power systems, including generators and electric motors, primarily for defence and aviation applications.
When is the VINCORION IPO?
The shares are scheduled to begin trading on the Frankfurt Stock Exchange on Friday, 20 March 2026, following the closing of the offer period on Monday, 16 March.
What is the IPO share price?
The offer price has been set at €17.00 per share.
Will VINCORION receive money from this IPO?
No. This is a secondary-only offering, meaning the proceeds will go to the selling shareholders, not to the company’s treasury.
Who is the CEO of VINCORION?
The CEO is Kajetan von Mentzingen. The CFO is Dieter Holst.
Where is VINCORION headquartered?
The company is headquartered in Wedel, Schleswig-Holstein, Germany.