(Finance) – The German arms manufacturer Rheinmetall he squeezed one strategic partnership with IncoolingDutch IT server solutions specialist, also acquiring a share in the society. Financial details of the transaction have not been disclosed. This is a further step in the strategic transformation of the Sensors and Actuators division of Rheinmetall in the field of digitization.
The acquisition of a stake in the Eindhoven-based company also supports the commercialization of its next-generation server solutions. Furthermore, in addition to digitization, the investment increases Rheinmetall’s skill base in four other technology clusters: automation, sensors, alternative mobility and artificial intelligence.
“For us this is an important and future-oriented partnership and an investment in our strategic transformation – commented Rene Gansauge, CEO of the Sensors and Actuators division at Rheinmetall – The state-of-the-art Incooling technology seamlessly complements Rheinmetall’s existing capabilities. Rheinmetall brings to the partnership its expertise in thermal management and industrialization and all the strength of a technological powerhouse. Together, we will achieve a sustainable footprint in the digital domain.”
It moves upwards Rheinmetallwhich stands at 215.7 euros, with an increase of 2.67%. Operationally, expectations are for a continuation of the day in a positive direction with resistance seen at 218.4 and subsequent at 224.3. Support at 212.5.