# 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.

- Type: Acquisition
- Announced: 2026-06-03
- Where: Germany, Germany
- Value: $385.0M (350.0M EUR)
- Jobs: 6,250
- Status: announced
- Products: automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Rheinmetall](https://endata.com/companies/2541.md)
- [Rheinmetall](https://endata.com/companies/2541.md) (acquirer)
- [Porsche](https://endata.com/companies/16802.md) (acquirer)
- [KS HUAYU AluTech](https://endata.com/companies/17513.md) (target)
- [AEQUITA](https://endata.com/companies/54778.md) (acquirer)

## Sources

- [rheinmetall.com](https://www.rheinmetall.com/en/media/news-watch/news/2026/06/2026-06-03-deal-finalised-rheinmetall-divests-its-civilian-division?sType=Spane4all), 2026-06-03: "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](https://www.rheinmetall.com/en/ir-data/rheinmetall_ag__rheinmetall_signs_agreement_to_sell_its_automotive_business_and_will_focus_entirely_on_its_defence_business_in_future/1062413), 2026-06-03: "With the sale of its civilian operations, the Rheinmetall Group has reached a milestone in its strategic realignment."
- [mainsights.io](https://www.mainsights.io/ma-news/germany-based-porsche-publ-and-rheinmetall-publ-acquire-joint-control-of-automotive-supplier-ks-huayu-alutech), 2026-07-17: "The European Commission has approved the acquisition of KS Huayu AluTech, a German manufacturer of aluminium automotive components for passenger and commercial vehicles, by Porsche (publ.) and Rheinmetall (publ.)."
- [marklines.com](https://www.marklines.com/en/news/347905), 2026-07-20: "On July 17, the European Commission approved Porsche and Rheinmetall's joint acquisition of KS Huayu AluTech GmbH under the EU Merger Regulation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.