The Düsseldorf based Technology Corporation Rheinmetall sealed the contract for acquiring the ammunition detection and recovery company Stascheit GmbH in Gardelegen/Saxony-Anhalt. In the future, the company will be a wholly-owned subsidiary of Rheinmetall Project Solutions GmbH within the Rheinmetall Group.
The integration of Stascheit GmbH rounds off the comprehensive product portfolio of Rheinmetall Project Solutions GmbH in the field of explosive ordnance disposal. Rheinmetall is aiming for an annual turnover of around €80 million in the medium term from the purchase.
The two companies have already successfully completed numerous projects together. These include the detection of unexploded ordnances in the North Sea, which proved particularly important during maintenance work on offshore wind farms. In addition, before the installation of subsea cables in the Baltic Sea and in Spain, the two firms successfully worked together at clearing munition-contaminated areas.
Owner managed Stascheit’s core business activities include the detection, analysis, recovery, and disposal of explosive ordnances, as well as archaeological prospection and contaminated site investigations, along with all related services. These also encompass challenging diving and recovery operations.
This strategic acquisition significantly expands and further enhances Rheinmetall’s product portfolio.
Stascheit’s expertise in the disposal and removal of ammunition enables Rheinmetall Project Solutions GmbH to offer solutions from a single source and to better serve customer needs in the area of explosive ordnance disposal.
To read more, please click here.
