Rheinmetall to acquire IBD Deisenroth
Rheinmetall has reached an agreement to acquire the operational assets of IBD Deisenroth Engineering of Lohmar, Germany, the company announced on 26 March.
IBD Deisenroth Engineering is a supplier of passive protection systems for military vehicles. The transaction is to take effect on 1 June 2019.
The takeover will strengthen Rheinmetall’s position as a supplier of advanced defence technology to the German ground forces and its allies.
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