Krauss-Maffei Wegmann

Last updated
Krauss-Maffei Wegmann GmbH & Co. KG
Company type Subsidiary
Industry Defence
Predecessors
Founded1999;25 years ago (1999)
Headquarters
Munich
,
Germany
Areas served
Germany, EU, worldwide
Key people
  • Frank Haun (managing director)
  • Manfred Bode (chairman)
Revenue1,680,000,000 United States dollar (2018)  OOjs UI icon edit-ltr-progressive.svg
Number of employees
2,771 (2014)
Parent KNDS
Website kmweg.com

Krauss-Maffei Wegmann GmbH & Co. KG (KMW) is an arms industry company based in Munich, Germany. The company produces various types of equipment as well as tanks, self-propelled artillery, and other armoured vehicles.

Contents

KMW was formed in 1999 when the defense division of KraussMaffei Group was spun off and merged with Wegmann & Co. Since 2015, KMW is part of KMW+Nexter Defense Systems. [1]

History

KMW's predecessor company, Krauss-Maffei, started in 1931 from a merger of the two Munich firms of Maffei (founded 1838) and Krauss & Co. (founded 1860). Both belonged to the leading German makers of locomotives of various types. Maffei also built other steam-operated vehicles and, later, manufactured vehicles with combustion engines, including locomotives, trolleybuses and buses. In the 1960s, Kraus-Maffei entered production of armoured fighting vehicles, starting with Leopard 1 tanks for the Bundeswehr.

In 1999 defense production was spun off and merged with Wegmann & Co to form Krauss-Maffei Wegmann. Wegman had a 51% stake and Mannesmann AG, Kraus-Maffei's holding company at the time, had a 49% stake. [1] Siemens acquired Mannesmann's share in 2000. [2]

Wegmann Unternehmens-Holding KG based in Kassel bought the Siemens stake in December 2010 to become the sole shareholder of KMW. [2] The family holding is owned by about 26 silent partners. The partners are members of the families Bode, von Braunbehrens, von Maydell and Sethe and are all descendants of the firm's founders or the later owners of Wegmann & Co. [3] [4]

In 2011, 80% of the firm's sales came from the export market. [5]

In 2012, KMW acquired WFEL, a British company that descended from the Fairey Aviation Company. [6]

In 2014, the firm had 3,200 employees and €1 billion in sales, and the cost of a Leopard 2 tank was roughly €10 million. [7] In 2014 KMW faced fines of up to €400 million because it had bribed Greek officials in the sale of tanks, and the German government was considering lifting its permission to export. [7] [8]

In December 2015, [9] [10] Krauss-Maffei Wegmann merged with the French state-owned defence company Nexter Systems to form KMW+Nexter Defense Systems. KMW is now a subsidiary of a newly formed holding company, a 50% share of which is controlled by the owners of the KMW company. [11] Rumoured as early as July 2014, the combined company was to employ 6,000 people and have a yearly revenue of around €2 billion, [12] and an order book of €9 billion. [10] Defence minister Jean-Yves Le Drian was content at the prospect of consolidating the terrestrial armoury of Europe. [12]

Tank test track

The company has been running a tank test route in Allach since 1964, the building law of which is controversial. When KMW applied for an expansion of the operating hours in spring 2018, this met with resistance in parts of the residential and the district committee. [13] At the end of 2020, the citizens' initiative "School instead of tank" submitted a petition to the Bavarian state parliament with a complaint against the test track. [14] In the still ongoing petition procedure, the Ministry of the Environment made the statement that there was no existing protection for the circuit on Ludwigsfelder Straße and that the system was not approved in terms of building law. In addition, in October 2021, a lawsuit was submitted to the Munich Administrative Court in October 2021. [15] In mid -January 2022, IG Metall campaigned for the preservation of the route, since 1650 jobs were in danger without it. [16]

Owner

The owner of the KMW is the Familyholding Wegmann Betriebs-Holding GmbH & Co. KG. This belongs to around 26 silent partners. The partners are members of the Bode, Braunbehrens families, from Maydell and Sethe and all descendants of the company founders or the later owner of Wegmann & Co. [17] [4]

Products

By defense division of KraussMaffei:

By Krauss-Maffei Wegmann:

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References

  1. 1 2 "History - KMW".
  2. 1 2 "Defence professionals". 2010-12-18. Retrieved 2010-12-18.
  3. ↑ "Der Panzer-Clan von Krauss-Maffei", Capital (in German), 22 Jun 2010, archived from the original on 2012-07-22.
  4. 1 2 "Rüstungsfirma Kraus-Maffei Wegmann – Stur wie ein Panzer", Süddeutsche Zeitung (in German), 21 Jun 2012.
  5. ↑
  6. ↑ "Krauss-Maffei Wegmann on its acquisition of WFEL | Steen Associates".
  7. 1 2 "Krauss-Maffei Wegmann, un champion allemand aussi secret que fragile". July 2014.
  8. ↑ "Greek Land Forces and German Bribery".
  9. ↑ "Nexter Systems and Krauss-Maffei Wegmann have completed their association". 16 December 2015.
  10. 1 2 "Armement : Nexter Systems et Krauss-Maffei Wegmann ont finalisé leur alliance". 16 December 2015.
  11. ↑ "Nexter Systems and Krauss-Maffei Wegmann have completed their association". nexter-group.fr. 15 Dec 2015. Archived from the original on 1 December 2017. Retrieved 2017-05-02.
  12. 1 2 "Coup d'envoi à l'Airbus de l'armement terrestre". 1 July 2014.
  13. ↑ "Panzerteststrecke: Keine Ausweitung der Betriebszeiten". www.wochenanzeiger-muenchen.de. 2018-03-19. Retrieved 2022-01-14.
  14. ↑ "Presse & Dokumente: Petition (Bayerischer Landtag) vom 28.12.2020". www.schule-statt-panzer.de. Retrieved 2022-01-14.
  15. ↑ "Klagen gegen Stadt und Rüstungskonzern". www.sueddeutsche.de. 2021-10-15. Retrieved 2022-01-14.
  16. ↑ "Gewerkschaft kämpft für Erhalt von Panzer-Teststrecke". www.spiegel.de. 2022-01-14. Retrieved 2022-01-14.
  17. ↑ Der Panzer-Clan von Krauss-Maffei. at archive.today (archived 2012-07-22) auf: Capital. 22. Juni 2010. Nur noch S. 1/6 online at archive.today (archived 2012-07-22)
  18. ↑ "Donar 155-mm Self-Propelled Howitzer" . Retrieved 14 August 2011.
  19. ↑ "The new Terrier 4x4 armoured personnel carrier from Krauss-Maffei Wegmann of Germany 0912146 | weapons defence industry military technology UK | analysis focus army defence military industry army". 9 December 2014.
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