REEQ

Assembly Line

Germany’s Rheinmetall acquires Dutch startup REEQ, maker of light hybrid tactical vehicles

📅 Date:

🔖 Topics: Acquisition

🏢 Organizations: Rheinmetall, REEQ


Rheinmetall, a company specializing in security and mobility solutions, announced that it has acquired the Dutch startup — REEQ. Through this acquisition, Rheinmetall expands its range of vehicles to include innovative light hybrid vehicles.

At the start of March 2024, Rheinmetall’s Dutch subsidiary, Rheinmetall Defence Nederland, part of the Vehicle Systems Division, acquired 100 per cent of the Dutch startup REEQ shares. The acquisition will allow Rheinmetall to broaden its portfolio of lightweight tactical vehicles and move toward hybrid technology with a fully electric drivetrain in a military vehicle.

Read more at Silicon Canals