Rheinmetall Sells Civilian Division to Aequita for €350 Million

Rheinmetall Sells Off its Civilian Division in Szeged

The Rheinmetall plant in Szeged The German defense contractor Rheinmetall is stepping up its focus on the defense sector. The Munich-based investment firm Aequita is acquiring the civilian “Power Systems” division for 350 million euros. This also affects the Hungarian plant in Szeged, which opened just six months ago. Barely six months after its grand […] The post Rheinmetall Sells Off its Civilian Division in Szeged appeared first on Hungary Today.

By Hungary Today