RUAG International has transferred all shares in RUAG Aerospace Services GmbH to General Atomics Europe (GA-Europe). GA-Europe will take over the maintenance activities for private aircraft and military aircraft as well. The company is taking over all business activities as well as all of the approximately 420 employees. At the Oberpfaffenhofen site, RUAG International continues to employ 800 people in aerostructures construction (RUAG Aerostructures) – this business segment is not affected by the sale.
Felix Ammann, former Managing Director of RUAG Aerospace Services GmbH, says: “We are very pleased with the successful conclusion and wish General Atomics Europe every success for the future. We are convinced that they bring excellent prerequisites with them to successfully continue the business activities and sustainably secure the jobs for the future.”
Harald Robl, Managing Director of General Atomics Europe, adds: “With this acquisition, GA-Europe is sustainably strengthening its market positioning in the aviation business. We have developed a strategic concept for the future that will open up new growth and value creation prospects for the Oberpfaffenhofen site, far beyond the existing business areas, despite the current economic crisis.”
Further information: www.ruag.com
With the acquisition GA-Europe will take over the maintenance activities for private aircraft and military aircraft as well. Image: Gerd Altmann/Pixabay