Rheinmetall extends EOD portfolio with acquisition of Stascheit

Rheinmetall announced on 15 April that it has signed a contract to acquire ammunition detection and recovery company Stascheit.

Based in Gardelegen/Saxony-Anhalt, Stascheit will become a wholly owned subsidiary of Rheinmetall Project Solutions within the overall Rheinmetall Group.

The integration of Stascheit significantly expands the product portfolio of Rheinmetall Project Solutions in the field of explosive ordnance disposal (EOD). Rheinmetall is aiming for an annual turnover of around EUR 80 million in the medium term from the purchase.

Rheinmetall and Stascheit have already successfully completed numerous projects together, including the detection of unexploded ordnance in the North Sea, which proved particularly important during maintenance work on offshore wind farms. In addition, before the installation of subsea cables in the Baltic Sea and in Spain, the two firms successfully worked together at clearing munition-contaminated areas.

Stascheit’s core business activities include the detection, analysis, recovery and disposal of explosive ordnance, as well as archaeological prospection and contaminated site investigations, along with all related services. These also encompass challenging diving and recovery operations.

Stascheit’s EOD expertise enables Rheinmetall Project Solutions to offer solutions from a single source and to better serve customer needs in the EOD domain.

“With the acquisition of Stascheit GmbH, we are strengthening our position in the field of security-related solutions and expanding our portfolio with key capabilities”, Dr Deniz Akitürk, managing director of Rheinmetall Project Solutions, was quoted as saying in a company press release. “We look forward to working with Stascheit’s talented team and to provide mutual innovative solutions for our national and international customers.”

Rheinmetall Project Solutions “will continue to rely on the successful co-operation with Stascheit in order to further optimise the efficiency and safety in ammunition disposal and thus make a valuable contribution to defence and security policy”, the company stated.