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23.01.2012
KMW takes over EDAG's civil protection branch
Munich, 2012/01/23. Krauss-Maffei Wegmann (KMW) has taken over the production branch for armoured civil vehicles from the German automotive development specialist EDAG and will thereby decisively strengthen its position on the market for protected vehicles. Both companies have decided upon a mutual agreement, subject to the accordance of the cartel authorities.
“The extension of our numerous protection activities through the EDAG protection branch is a logical step and, with a view to the site in Mexico, a consistent continuation of our Central and South America strategy”, explained Frank Haun, CEO and president of KMW.
EDAG protection branch The EDAG protection branch develops and integrates ballistic protection systems for civil vehicles of worldwide leading vehicle |