Rheinmetall acquires majority stake in military vehicle maker Automecanica Mediaș

The Düsseldorf-based company already has locations in two other countries on NATO’s eastern flank, Hungary and Lithuania

Rheinmetall is taking up a majority share in vehicle maker Automecanica Mediaș. In December 2023, Romania awarded Rheinmetall a major air defence order worth EUR 328 million.

The Group will hold a 72.5% stake in the company, which will operate in Romania under the name Rheinmetall Automecanica. The remaining shares in the company will stay in private hands.

In the medium term, Rheinmetall puts the annual sales potential of the newly acquired company at around EUR 300 million and expects incoming orders in the current financial year to be in three-digit million-euro range.

Automecanica Mediaș is a longstanding maker of special vehicles, truck build-ons and trailers for the civilian and military market. Also, the plant in Mediaș is poised to play a key role in maintaining the operational readiness of Western-built combat vehicles in Ukraine.

Rheinmetall has been cooperating with Automecanica since 2022, when the two partners joined forces to operate a maintenance and repair facility for military vehicles in Satu Mare, Romania.

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