# 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.

- Type: Contract
- Announced: 2020-07-15
- Value: $34.0M (30.0M EUR)
- Status: announced
- Products: divert-air valves
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Rheinmetall](https://endata.com/companies/2541.md)
- [Pierburg](https://endata.com/companies/1094.md) (supplier)

## Sources

- [rheinmetall.com](https://www.rheinmetall.com/en/media/news-watch/news/2020/2020-07-15_major-strategic-order-from-international-oem), 2020-07-15: "The order has a lifetime volume of over €30 million."

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