Rheinmetall to Sell Auto Division to Aequita for $400M

Deal Summary

German defence giant Rheinmetall announced it will sell its auto division to Munich‑based investment firm Aequita for a provisional €350 million (≈ $400 million). The transaction, expected to close in Q4 2026, will retain about 6,250 employees. The sale is part of Rheinmetall’s strategy to focus on its booming defence business.