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)
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
Revenue €6.255 billion (2019)[1]
€505 million (2019)[1]
€354 million (2019)[1]
Total assets €7.415 billion (end 2019)[1]
Total equity €2.272 billion (end 2019)[1]
Number of employees
 25,767 (end 2019)[1]
Subsidiaries
Websitewww.rheinmetall.com

History

Rheinmetall was founded in 1889. Banker and investor Lorenz Zuckermandel[2] (1847–1928) was one of the founders and the first chairman of the supervisory board. It manufactured steel products, including armaments.

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

At some point it bought the Swiss firm Oerlikon Contraves, which it later renamed Rheinmetall Air Defence.

At some point it bought the Swiss firm Oerlikon Contraves Pyrotec, which it later renamed RWM Schweiz.

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.
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