July 13, 2026
Willkie advised SMAG Mobile Antenna Masts AG (the “Company”) and the selling shareholder, SMAG Group GmbH, a wholly owned subsidiary of AEQUITA SE & Co. KGaA, on the Company’s initial public offering with an aggregate issue volume of approximately €129.6 million, assuming full exercise of the greenshoe option.
Headquartered in Salzgitter, Germany, SMAG Mobile Antenna Masts AG is a leading European manufacturer of mission-critical mobile antenna mast systems for military and defense applications.
The IPO comprised 650,000 new shares from a capital increase and 1,800,000 existing shares held by SMAG Group GmbH, with 367,500 additional shares available under a greenshoe option. SMAG Group GmbH remains the majority shareholder of the Company following the IPO. The Company's shares are trading under the ticker symbol 1SMA on the Scale segment of the Frankfurt Stock Exchange.
The IPO marks the second defense-sector listing this year on which Willkie has served as legal counsel, following the successful IPO of Gabler Group AG in March 2026.
AEQUITA SE & Co. KGaA is a financial investor based in Munich, Germany.
The Willkie team was led by partners Simon Weiss and Joseph Marx and included associates Martin Kalbhenn and Marius Reif.
Headquartered in Salzgitter, Germany, SMAG Mobile Antenna Masts AG is a leading European manufacturer of mission-critical mobile antenna mast systems for military and defense applications.
The IPO comprised 650,000 new shares from a capital increase and 1,800,000 existing shares held by SMAG Group GmbH, with 367,500 additional shares available under a greenshoe option. SMAG Group GmbH remains the majority shareholder of the Company following the IPO. The Company's shares are trading under the ticker symbol 1SMA on the Scale segment of the Frankfurt Stock Exchange.
The IPO marks the second defense-sector listing this year on which Willkie has served as legal counsel, following the successful IPO of Gabler Group AG in March 2026.
AEQUITA SE & Co. KGaA is a financial investor based in Munich, Germany.
The Willkie team was led by partners Simon Weiss and Joseph Marx and included associates Martin Kalbhenn and Marius Reif.
