Rheinmetall acquisition of Loc Performance Products
Rheinmetall bought Loc, a US military vehicle components maker, to strengthen its bid for the US Army's XM30 programme.
- Company
- Loc Performance Products
- Type
- M&A
- Status
- Completed
- Date
- 29 Nov 2024
- Value
- US$950m
- Value basis
- US$950m enterprise value
- Region
- US
- Segment
- Land systems
Parties
- Rheinmetall buyer
- Loc Performance shareholders seller
Key terms
- Enterprise value
- US$950m
Sources
- Rheinmetall: completes acquisition of Loc Performance rheinmetall.com · 2 Dec 2024
Record DEF-INV-2024-0026. Investments are kept apart from the financings register and never counted in debt totals.
