Jun 3, 2026ACQUISITIONGermany, Germany Rheinmetall agrees to sell automotive business to AEQUITA for €350M
Rheinmetall AG signed a purchase agreement to sell its Power Systems division (automotive business) to AEQUITA for a provisional €350 million. The transaction is expected to close in Q4 2026, subject to regulatory approval.
Value
$385.0M (350.0M EUR)
Productsautomotive components
“Rheinmetall and the Munich-based industrial group AEQUITA have now signed a purchase agreement that paves the way for the future of Rheinmetall’s former Power Systems division under new management.”rheinmetall.com
- 4 sources
- rheinmetall.comDeal finalised – Rheinmetall divests its civilian division | RheinmetallJun 3, 2026
- rheinmetall.comRheinmetall AG: Rheinmetall signs agreement to sell its automotive business and will focus entirely on its defence business in future | RheinmetallJun 3, 2026
- mainsights.ioGermany-based Porsche (publ.) and Rheinmetall (publ.) acquire joint control of automotive supplier KS Huayu AluTechJul 17, 2026
- marklines.com[Gen-AI Analysis] EU Commission approves Porsche and Rheinmetall joint acquisition of KS Huayu AluTech, Germany - MarkLines Automotive Information & Gen-AI PlatformJul 20, 2026
Summarized from public sources; check the original articles before acting on it.