Smag Weighs Frankfurt IPO in Coming Months as Defense Supplier Taps Berenberg

2 articles · Updated · Bloomberg · Jun 2

Smag Mobile Antenna Masts GmbH is considering an initial public offering in Frankfurt in the coming months, according to people familiar with the matter.
The German company supplies antenna masts to the defense industry, positioning the potential listing within a sector drawing heightened investor attention.
Aequita-backed Smag is working with advisers including Berenberg on the possible share sale, though the deliberations remain private and no final decision has been announced.

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As the defense stock boom cools, has this German supplier missed its golden opportunity for a Frankfurt IPO?

In an age of drone swarms and satellite tech, is this mast-maker's core product already becoming obsolete?