RUAG International is selling parts of the business at the Oberpfaffenhofen location

posted on 16th October 2020 by Eddie Saunders
RUAG International is selling parts of the business at the Oberpfaffenhofen location

RUAG International is selling maintenance, repair & operation for business aircraft and military helicopters, as well as the production of the Dornier 228 at the Oberpfaffenhofen location, to General Atomics Europe GmbH. Both companies signed a corresponding agreement on 30 September 2020. The new owner will take over all 450 employees.

General Atomics Europe will take over all business activities related to maintenance work for private and military aircraft, as well as the manufacture and maintenance of the Dornier 228 aircraft. General Atomics Europe will take over all 450 employees. The takeover is still subject to approval by the responsible authorities. The transfer of ownership (contractual closing) is expected to be completed this year. The parties have agreed not to disclose the contractual terms.