Keywords: KNDS


KNDS explores takeover of Mercedes and Volkswagen plants amid defence expansion push

The Franco-German defence company KNDS is reportedly in discussions to take over industrial facilities owned by major German carmakers, as the defence sector seeks to expand production capacity. According to media reports, KNDS is in talks with Mercedes-Benz Group regarding the possible acquisition......

German union leader urges parity with France in KNDS IPO to protect industry interests

Germany must ensure equal ownership with France in the planned initial public offering of defense manufacturer KNDS, according to a senior German trade union figure, who warned that anything less could undermine national industrial interests. Jürgen Kerner, deputy head of Germany’s powerful......