PRESS RELEASES

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

manufacturers. EDAG is considered to be leading in this civil sector. The extensive portfolio ranges from the conceptualization and integration-development of vehicle protection-functions over the production of ballistic protection modules to complete protection kits as well as superstructural parts for entire vehicle series.

Throughout this process EDAG uses its comprehensive expertise for the serial production in the field of civil vehicle development and thereby secures the continuity of all functions in the vehicle. EDAG manufactures its protection systems at sites in Ingolstadt and Mexico.  At both sites KMW will take over and continue these activities from EDAG. The EDAG Group will concentrate on engineering services in this market field and continue working closely with Krauss-Maffei Wegmann.  “We see the sale of the production of armoured vehicles as an optimal precondition to further develop the business concept for our ca. 70 employees in Ingolstadt, Germany, and Mexico. This decision constitutes a further

PRESS- AND MEDIACONTACT

Christoph Müller, Head of
Strategy & Corporate Communications
Tel: +49/89/8140.4675
Fax: +49/89/8140.4977
E-Mail: c.mueller@kmweg.de