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Keywords: KNDS
Mercedes-Benz chief executive Ola Kallenius has said the German automaker is prepared to enter defense-related manufacturing if the move makes commercial sense. His remarks reflect a broader shift among European carmakers as the continent increases defense spending and industrial capacity in response......
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......
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......