# Rheinmetall agrees to acquire Loc Performance Products

Rheinmetall signed an agreement to acquire all equity interests in Loc Performance Products, LLC, a vehicle specialist based in Plymouth, Michigan. The acquisition expands Rheinmetall's position in the US defense market and strengthens its land vehicle business.

- Type: Acquisition
- Announced: 2024-08-13
- Where: Plymouth, Michigan, United States
- Status: announced
- Products: military combat vehicles, infantry fighting vehicles, trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Rheinmetall](https://endata.com/companies/2541.md) (acquirer)
- [Loc Performance Products](https://endata.com/companies/79138.md) (target)

## Sources

- [rheinmetall.com](https://www.rheinmetall.com/en/ir-data/rheinmetall_ag__strategic_acquisition_in_the_usa_rheinmetall_agrees_takeover_of_vehicle_specialist_loc_performance/1047782), 2024-08-13: "Rheinmetall has today (August 13, 2024) signed an agreement to acquire all equity interests in Loc Performance Products, LLC, a renowned vehicle specialist based in Plymouth, Michigan."

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