Rheinmetall is selling its struggling automotive unit to Munich-based investment firm Aequita for about €350 million. The sale is part of the company's plan to focus on defense, an area that has seen significant growth since the start of the Ukraine war.
The automotive unit, which has been classified as a discontinued operation since December 2025, will be sold for a provisional €350 million. The deal is expected to close in the fourth quarter and will trigger additional impairment charges of about €200 million.
Aequita plans to retain the roughly 6,250 employees in the unit worldwide and will support the business's long-term development. The sale excludes three German locations of aluminium casting specialist KS Huayu AluTech and other assets.
