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Jul 15, 2020CONTRACT

Rheinmetall wins €30M order for divert-air valves from South Korean automaker

Rheinmetall subsidiary Pierburg GmbH won a strategic order to supply divert-air valves for the complete global engine range of a South Korean automaker. The order has a lifetime volume of over €30 million, with production starting in 2021 at plants in Neuss, Germany and Kunshan, China.

Value

$34.0M (30.0M EUR)

Status

Announced

Productsdivert-air valves

CompaniesRheinmetall Pierburg supplier

Sectors#Automotive Components

“The order has a lifetime volume of over €30 million.”rheinmetall.com

1 source
rheinmetall.comMajor strategic order from international OEM | RheinmetallJul 15, 2020

Summarized from public sources; check the original articles before acting on it.

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Rheinmetall wins €30M order for divert-air valves from South Korean automaker · Endata