German Court Resolves Heckler & Koch Shareholder Dispute
The Federal Court of Justice confirms CDE's majority stake, ending years of uncertainty over voting rights at the weapons manufacturer.
- The Federal Court of Justice dismissed an appeal by former majority shareholder Andreas Heeschen, solidifying CDE's control with over 80% of voting rights.
- The dispute stemmed from Heeschen's claim to voting rights on shares he had previously pledged to CDE, creating prolonged legal uncertainty.
- The ruling upholds a prior decision by the Frankfurt Higher Regional Court, providing legal clarity for the company’s governance structure.
- Heckler & Koch's management stated that the resolution ensures the stability needed for the company's long-term development.
- The company, Germany's largest small arms manufacturer and a key supplier to the Bundeswehr, has seen increased demand since the start of the Ukraine conflict.