Planned Acquisition Rheinmetall Promises Secure Jobs with Lürssen Deal

Source: dpa | Translated by AI 1 min Reading Time

The defence company Rheinmetall wants to offer employees of the Lürssen naval division a perspective in the event of an acquisition.

Rheinmetall aims to further expand its business by acquiring NVL's naval division and offer employees a secure perspective.(Image: © Yingyaipumi - stock.adobe.com)
Rheinmetall aims to further expand its business by acquiring NVL's naval division and offer employees a secure perspective.
(Image: © Yingyaipumi - stock.adobe.com)

"It is Rheinmetall's firm goal to provide the NVL locations with a successful future and the employees with a secure perspective," a company spokesperson told the German Press Agency. Naval Vessels Lürssen (NVL), based in Bremen (Germany), currently employs about 2,100 people.

"Site closures or staff reductions are not part of our plans, especially as we expect large-volume orders for the naval sector, which will allow for significant revenue growth," said the company spokesperson.

If approved by antitrust authorities, the acquisition could be completed in early 2026. Germany's largest defence contractor would significantly expand its naval business. NVL manufactures ships for the German Navy, the navies of other countries, and for government agencies. In addition to its headquarters in Bremen, there are shipyards in Wilhelmshaven, Hamburg, and Wolgast (all located in Germany). Additional locations include Bulgaria, Croatia, Egypt, and Brunei.

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy. The consent declaration relates, among other things, to the sending of editorial newsletters by email and to data matching for marketing purposes with selected advertising partners (e.g., LinkedIn, Google, Meta)

Unfold for details of your consent