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Rheinmetall Acquires Spain’s Ammunition Manufacturer Expal Systems - India's Best Defence News Site And Defence Blog, Visit For Breaking Defence News
Rheinmetall acquires Expal Systems: German defence company Rheinmetall AG has completed its takeover of all shares in Expal Systems S.A.U. of Madrid. First announced last November, the acquisition follows final approval by the relevant authorities. The transfer of Expal S.A.U.’s business activities to Rheinmetall took place on 1 August 2023, the company said on Tuesday (August 1).