General Dynamics European Land Systems (GDELS) has announced the acquisition of FWW Fahrzeugwerk GmbH (FWW), a qualified maintenance and service provider for the German Army and other international customers.
FWW will become part of the newly-established General Dynamics European Land
Systems–Deutschland, located in Berlin.
General Dynamics European Land Systems president Alfonso Ramonet said: “The acquisition of FWW represents a significant step in expanding General Dynamics’
footprint, capability and customer offerings in Germany. This acquisition is also a further step in our growth strategy to position GDELS as one of the leading land systems providers in Europe.”
GDELS-Deutschland vice-president and managing director Thomas Kauffmann said: “FWW has a wide range of services, enabling GDELS to further expand its current customer service portfolio, enter new markets and reinforce the company’s position in Germany.
“Under the umbrella of GDELS-Deutschland, FWW together with GDELS-Bridge Systems
(formerly known as GDELS-Germany) will employ around 600 highly skilled employees,
demonstrating General Dynamics’ strong commitment to our German customer.”
FWW CEO and owner Thomas Bockhold said: “We believe the acquisition by GDELS represents an excellent outcome with great future potential for FWW, its employees and customers.
“It was key for us to find a trustful and reliable partner who will secure and grow the company and will remain committed to the region of Mecklenburg Vorpommern. It builds on our strong values and passion for exceeding our customer’s expectations and I am confident that the combination of the two companies will create a strong and reliable service provider for the German Army.”