Milbank LLP has advised VINCORION SE, a leading developer and manufacturer of mission-critical power and mechatronic solutions for defense platforms and advanced aviation systems, and VINCORION´s major shareholder STAR Holdings S.à r.l., on its initial public offering and listing of VINCORION shares on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard). In addition, Milbank is advising both companies on their post-IPO financing in connection with the IPO.
VINCORION's IPO marks the first IPO by a German company on the Regulated Market of the Frankfurt Stock Exchange in 2026. The transaction comprised an initial public offering in Germany as well as private placements to institutional investors in selected countries outside Germany.
VINCORION develops and delivers integrated solutions that generate, manage and store power for mission-critical defense and civil protection operations, from initial design to long-term aftermarket support. The company operates across three segments: vehicle systems, power systems and aviation.
The Milbank team was led by partner Philipp Klöckner (Capital Markets, Frankfurt) and included partners Martin Erhardt (Corporate/M&A, Munich), Thomas Ingenhoven (Finance, Frankfurt), David Dixter (Capital Markets, London) and Rolf Füger (Tax, Munich), special counsel Karoline König (Capital Markets, Frankfurt), Nico Feuerstein (Capital Markets, Munich) and Dr. Thomas Möller (Finance, Frankfurt) as well as associates Hendrik Gäbler (Capital Markets, Frankfurt), Janik Brem (Capital Markets, Munich), Adrian Müller-Achenbach (Finance, Frankfurt) and Arne Hammerich (Tax, Munich).
