Rheinmetall

Rheinmetall AG is a German automotive and arms manufacturer, headquartered in Düsseldorf, Germany. Its shares are traded on the Frankfurt Stock Exchange.

Rheinmetall AG
TypePublic (Aktiengesellschaft)
ISIN
IndustryDefence
Founded13 April 1889 (1889-04-13)
FounderLorenz Zuckermandel
Headquarters
Düsseldorf
,
Germany
Key people
ProductsAutomotive parts, military vehicles, autocannons, ATGMs, anti-aircraft defence systems, artillery, mortars, tank guns, munitions, ammunition, fuze systems, electronics
RevenueIncrease €6.255 billion (2019)[1]
Increase €505 million (2019)[1]
Steady €354 million (2019)[1]
Total assetsIncrease €7.415 billion (end 2019)[1]
Total equityIncrease €2.272 billion (end 2019)[1]
Number of employees
Increase 25,767 (end 2019)[1]
Subsidiaries
Websitewww.rheinmetall.com

History

The Hörder Verein established the Rheinische Metallwaaren- und Maschinenfabrik Aktiengesellschaft in 1889. Banker and investor Lorenz Zuckermandel[2] (1847–1928) was one of the founders and the first chairman of the supervisory board. The company manufactured steel products, including armaments.

During the post-World War I disarmament of Germany, Rheinmetall diversified, but by the 1930s armament manufacture resumed. In 1933, it acquired A. Borsig GmbH, which manufactured locomotives.[3]

In 1999, Rheinmetall purchased the Swiss firm Oerlikon Contraves, which was renamed to Rheinmetall Air Defence in 2009.

Rheinmetall purchased the Swiss firm Oerlikon Contraves Pyrotec, which was renamed to RWM Schweiz AG.

In 2009, Rheinmetall purchased RF Engines on the Isle of Wight.[4]

References
  1. Annual Report 2019 (PDF) (Report). Rheinmetall. Retrieved 19 March 2020.
  2. Ehrhardt: Not the founding father. Article in Newsline—The Rheinmetall company magazine. Special 2014 anniversary issue, p. 16
  3. Kudo, Akira (1998). Japanese-German Business Relations: Co-operation and Rivalry in the Interwar Period. London: Routledge. p. 55. doi:10.4324/9780203018514. ISBN 978-0-203-01851-4.
  4. "Rheinmetall Electronics UK". rheinmetall-defence.com. Rheinmetall AG. Retrieved 20 February 2023.
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