Rheinmetall Pursues Alstom's Kassel Factory Amid German Defense Expansion
Rheinmetall aims to acquire Alstom's Kassel factory, reflecting both the pressures on Alstom and the growth in the German military sector. The deal could enhance Rheinmetall's production capabilities while providing Alstom with essential financial resources amidst ongoing restructuring efforts.
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Rheinmetall is interested in purchasing Alstom's Kassel factory, which specializes in Traxx locomotives, as part of its strategy to meet rising military orders. This potential acquisition aligns with Rheinmetall's plan to increase production of its Schakal and Boxer armored vehicles.
Alstom, facing financial difficulties, has initiated restructuring efforts and may consider relocating Traxx production to its facilities in France, Italy, or Kazakhstan to avoid significant investments in German factories. However, this move could strain relations with German authorities and affect public contract bids. If finalized, the deal would bolster Rheinmetall's military capabilities and support Alstom's financial recovery.
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