Thrane & Thrane Acquisition
The Rheinmetall Group has completely divested its marine electronics interests by disposing of its stake in EuroCom Industries, holding company EMG EuroMarine Electronics last subsidiary. The 88.6% stake has been transferred to Thrane & Thrane A/S of Denmark at a price equivalent to ?14 million.
Since 1995, group turnover has grown by almost 400% and the workforce has increased from 6,000 to over 19,000.
MJ Information No: 19622
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