Rheinmetall becomes a naval systems provider

The Düsseldorf-based technology group Rheinmetall has agreed with the Lürssen Group on the key terms of an acquisition of Naval Vessels Lürssen (NVL B.V. & Co. KG, Bremen-Vegesack), the military division of the long-established Bremen shipyard, and all its subsidiaries. The parties intend to formally conclude the transaction in the near future. Subject to approval by the relevant antitrust authorities, the parties are aiming to complete the acquisition in early 2026. Both parties have agreed not to disclose the purchase price.

With this significant strategic acquisition, Rheinmetall is expanding its portfolio to include naval shipbuilding and strengthening its position as a leading supplier of defence technology in Germany and Europe.

Armin Papperger, CEO of Rheinmetall AG: “In future, we will be a relevant player on land, on water, in the air and in space. Rheinmetall is thus developing into a cross-domain system house”.

Friedrich Lürßen, Managing Partner of Lürssen Maritime Beteiligungen GmbH & Co. KG: “‘We are delighted to have found a trustworthy and strong partner in Rheinmetall, which can secure a successful future for NVL and its employees.”

More information about the strategic acquisition can be found here.