Rheinmetall to acquire majority stake in Resonant Holdings

Rheinmetall signed an agreement to acquire a 51% stake in a newly formed joint venture with Resonant Holdings, a South African specialist in plant engineering for chemical applications. The joint venture, Rheinmetall Resonant South Africa, is expected to have annual sales potential of over EUR 100 million.

“Rheinmetall is to expand its plant engineering portfolio by acquiring a majority stake in the business of Resonant Holdings (Pty) Ltd.”rheinmetall.com

• 1 source
• rheinmetall.comJoint Venture with Resonant Holdings in South Africa Rheinmetall expands plant engineering portfolio through joint venture in South Africa Rheinmetall expands plant engineering portfolio through joint venture in South Africa | RheinmetallAug 2, 2024

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