COVERAGE

Europe’s defense investment boom demands a new deal playbook, Competition Policy International

Sep 22, 2026

Read time: 2 min

Partners Philipp Grenzebach, Stéphane Dionnet, Sabine Naugès and Raminta Dereskeviciute co-authored a Competition Policy International article examining how Europe’s defense investment boom is reshaping the regulatory landscape for transactions in the sector.

The authors discuss how increased defense spending, technological innovation and efforts to strengthen European industrial capacity are creating opportunities for private capital, while bringing competition law, foreign investment screening, export controls and sanctions increasingly into focus.

They explain why regulatory strategy should be considered from the outset of a transaction, including its potential impact on deal structure, execution certainty, post-closing integration, valuation and exit strategy.

Read the full Competition Policy International article.

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In this article

Dr. Philipp Grenzebach

Partner

Düsseldorf, Frankfurt

Stéphane Dionnet

Partner

Brussels

Sabine Naugès

Partner

Paris

Raminta Dereskeviciute

Partner

London – 22 Bishopsgate

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