The Rheinmetall Group has announced it’s divesting itself of its civilian division, to focuses on its defence business. With the sale of its civilian activities, Rheinmetall has reached a milestone in its strategic realignment. 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. For some time now, Rheinmetall has been focusing on the rapidly growing business with military customers and security agencies, while at the same time expanding its technological portfolio into the domains of air, sea and space. Since…
