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Rheinmetall sells automotive business

From Thomas Günnel | Translated by AI 3 min Reading Time

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Rheinmetall is selling the Power Systems division - which includes the automotive business. The buyer is an industrial group from Munich.

Rheinmetall has found a buyer for its Power Systems division. Pictured: The company's headquarters in Düsseldorf.(Source:  Rheinmetall)
Rheinmetall has found a buyer for its Power Systems division. Pictured: The company's headquarters in Düsseldorf.
(Source: Rheinmetall)

Rheinmetall is selling its Automotive division. The company has reached an agreement with the Munich-based industrial group Aequita. Accordingly, Aequita is buying the "Power Systems" division - which includes the automotive business and the energy industry.

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