Rheinmetall acquisition of Expal Systems
Rheinmetall bought Spanish ammunition maker Expal from Maxam.
- Company
- Expal Systems
- Type
- M&A
- Status
- Completed
- Date
- 1 Aug 2023
- Value
- €1.2bn
- US$ equivalent
- US$1.3bn
- Value basis
- About €1.2bn
- Region
- Europe
- Segment
- Munitions
Parties
- Rheinmetall buyer
- Maxam seller
Key terms
- Price
- about €1.2bn
Sources
- Rheinmetall: completes acquisition of Expal Systems rheinmetall.com · 1 Aug 2023
Record DEF-INV-2023-0006. Investments are kept apart from the financings register and never counted in debt totals.
