BERLIN, Aug 27 (Reuters) - Defence group Rheinmetall
wants to take over German shipbuilder Naval Vessels
Luerssen, the German daily Bild reported on Wednesday, citing
industry sources.
According to Bild, the Luerssen family, who own the
shipbuilder, plan to divest its military shipyards in Hamburg,
Wilhelmshaven and Wolgast to focus on building megayachts.
Rheinmetall's supervisory board intends to consider the
purchase in the coming weeks, Bild said, while citing a person
familiar with the matter as saying any acquisition could still
fall through as the Luerssen family would need to approve it.
When asked about the Bild report, Rheinmetall CEO Armin
Papperger told reporters that the company was always interested
in expanding its product portfolio, without giving further
details.
Papperger said earlier this month that Rheinmetall, which
makes tanks and ammunition, was in talks with partners about
investing in the naval sector.
NVL did not immediately respond to Reuters request for
comment.
Rheinmetall is one of the biggest beneficiaries of Europe's
push to upgrade its defence capabilities following Russia's
invasion of Ukraine.
Separately, Dennis Goege, the European head of U.S. defence
contractor Lockheed Martin ( LMT ), told WirtschaftsWoche that
the company was in discussions to have Rheinmetall manufacture
missiles including ATACMS and Hellfire types at its expanding
Unterluess site in northern Germany.
The two companies said in April that they would expand their
cooperation beyond a memorandum of understanding signed in 2024,
with Lockheed providing missile and rocket technology, and
Rheinmetall manufacturing and selling missiles in Europe.
Goege said that the final list of missiles had yet to be
determined.
Rheinmetall, which this year started making fuselage parts
for Lockheed's F-35 fighter jets, declined to comment on the
report.
Also on Wednesday, Papperger signed a contract to build a
powder factory in Romania, worth around half a billion euros,
following on from Tuesday's announcement that Rheinmetall
planned to produce gunpowder and 155-mm artillery shells in
Bulgaria under two joint venture agreements.