Marine Electronics Takeover
Rheinmetall AG of Dusseldorf has purchased the 50% stake in EuroMarine Electronics GmbH of Hamburg held by its Brussels-based joint venture partner Zenitel SA (formerly Sait Stento) in a deal subject to approval by relevant European cartel authorities.
Rheinmetall AG of Dusseldorf has purchased the 50% stake in EuroMarine Electronics GmbH of Hamburg held by its Brussels-based joint venture partner Zenitel SA (formerly Sait Stento) in a deal subject to approval by relevant European cartel authorities.