Aerospace and Defense
Company Overview of Krauss-Maffei Wegmann GmbH & Co. KG
Company Overview
Krauss-Maffei Wegmann GmbH & Co. KG develops, manufactures, and supports armored wheeled and tracked vehicles. It offers artillery, armament systems, bridge layers, protection equipment, and rocket launchers. The company was formerly known as Krauss-Maffei AG and changed its name to Krauss-Maffei Wegmann GmbH & Co. KG in 1999. Krauss-Maffei Wegmann GmbH & Co. KG was founded in 1931 and is based in Munich, Germany with locations in Germany, Greece, the Netherlands, and the United States.Krauss-Maffei Wegmann GmbH & Co. KG operates as a subsidiary of Wegmann & Co. Unternehmens-Holding KG.
Krauss-Maffei-Strasse 11
Munich, 80997
Germany
Founded in 1931
Key Executives for Krauss-Maffei Wegmann GmbH & Co. KG
Krauss-Maffei Wegmann GmbH & Co. KG Key Developments
Krauss-Maffei Wegmann GmbH & Co. KG is believed to be merging with Nexter Systems, according to Handelsblatt which reported citing sources in the know. Handelsblatt added that the French Minister of Defence has already discussed a potential merger with his colleagues from Germany. Handelsblatt reported citing Nexter's insiders that a partnership between the companies would be useful, because both of them have been competing with the US industry. Nexter and Krauss-Maffei Wegmann did not comment on the matter to SeeNews.
Burkhart Braunbehrens, Co-Owner of Krauss-Maffei Wegmann (KMW) told Financial Times Deutschland that KMW should merge with Rheinmetall AG to consolidate the European defense industry. Braunbehrens added that KMW should change to a joint stock company.
Krauss-Maffei Wegmann GmbH & Co. KG Presents at German Equity Forum, Nov-22-2011 04:45 PM. Venue: Ludwig-Erhard-Anlage 1, 60327 Frankfurt am Main, Germany. Speakers: Christian Bernert.
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To contact Krauss-Maffei Wegmann GmbH & Co. KG, please visit www.kmweg.de. Company data is provided by Capital IQ. Please use this form to report any data issues.
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