Freshfields Bruckhaus Deringer and Hengeler Mueller are advising on the proposed initial public offering of Hensoldt, a former Airbus unit that sells defense and security sensor electronics, currently owned by private equity giant KKR.

Hengeler is advising Hensoldt and KKR, the private equity firm that owns the German company, according to the firm, while Freshfields is advising the banking consortium behind the deal, according to a person familiar with the deal.