Investment Summary

Rheinmetall Invests In blackned

On January 12, 2023, Rheinmetall invested in information technology company blackned

Investment Highlights
  • This is Rheinmetall’s 1st transaction in the Information Technology sector.
  • This is Rheinmetall’s 2nd transaction in Germany.

Investment Summary

Date 2023-01-12
Target blackned
Sector Information Technology
Investor(s) Rheinmetall
Deal Type Stake Purchase

Target

blackned

Heimertingen, Germany
blackned is a specialist in mission-critical communications systems and has developed next-generation information and communications middleware called TacticalCore. blackned was founded in 2009 and is based in Heimertingen, Germany.

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Investor(S) 1

Investor

Rheinmetall

Dusseldorf, Germany

Category Company
Founded 1889
Sector Machinery
Employees25,344
Revenue 7.2B EUR (2023)
DESCRIPTION

Rheinmetall is an automotive components and defense equipment. The Rheinmetall Group´s Defence sector is Europe’s foremost supplier of army technology and a longstanding partner of the armed forces. The Automotive sector with KSPG AG commands a foremost position as a global first-tier supplier to the automotive industry for modules and systems. Rheinmetall was founded in 1889 and is based in Dusseldorf, Germany.


DEAL STATS #
Overall 4 of 4
Sector (Information Technology) 1 of 1
Type (Stake Purchase) 1 of 1
Country (Germany) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-14 Expal Systems

Madrid, Spain

Expal Systems develops, manufactures, integrates and maintains products, systems, and services for the defense and security sectors; weapon systems, munitions and energetic products; applications and technological systems; maintenance services, modernization and integrated logistics support for military vehicles and aircraft systems; as well as demilitarization and EOD services.

Buy €1.2B