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Czechoslovak Group Plans IPO on Amsterdam Exchange, Potentially Largest in Defense Sector

DEFENSE

Czechoslovak Group (CSG) announced plans to list on Euronext Amsterdam, potentially creating the largest IPO in the defense industry, with a target of raising 3 billion euros. The IPO will include 750 million euros in new shares and existing shares from a major shareholder.

Key investors, including Artisan Partners and BlackRock, have committed 900 million euros. CSG's projected revenue for 2024 is 7.4 to 7.6 billion euros, with a backlog of 14 billion euros. The IPO is expected to enhance CSG's visibility and financial flexibility for growth amid rising defense spending in Europe.

Czechoslovak Group Plans IPO on Amsterdam Exchange, Potentially Largest in Defense Sector
Jan 15, 2026, 6:11 AM

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