Next step in divestment of non-core activities
Airbus Defence and Space continues its strategy of strengthening its core business and divesting non-core activities. The company has concluded an agreement to sell its subsidiary Rostock System Technik GmbH (RST) to Ferchau Engineering GmbH, Gummersbach.
RST is headquartered in Rostock and employs 150 staff. The company provides system engineering as well as product manufacturing for aerospace customers worldwide. Design Office competencies comprise mechanics, electronics and software development. The product portfolio includes aircraft cabin simulators for crew emergency training for airlines, wire harnesses and ground & test equipment. RST has seen continuous positive development as part of the Airbus group for the last 25 years and become a trusted 1st Tier Supplier to all Airbus Divisions and Aerospace customers worldwide.
“We have conducted an extensive selection process to ensure the best industrial set-up for further development of RST’s business”, said Thomas Müller, head of the Electronics business line of Airbus Defence and Space. “Ferchau and RST both serve their main customer Airbus with focus on premium engineering services particularly in the cabin and cargo area which gives their joint activities a strong strategic baseline”.
Under the agreement, the new owner intends to maintain RST’s main site in Rostock and to allocate dedicated lead roles to it in cabin engineering as well as technical lead office for Space and Defence customers. RST will continue to deliver high-quality engineering services to Airbus Defence and Space.
The acquisition is subject to final approval of the German anti-trust authorities. Details of the transaction have not been disclosed.
Ferchau Engineering GmbH
Tel.: +49 (0) 2261.5011-0
Airbus Defence and Space
Tel.: +49 (0)731.392.3681
Tel.: +49 (0) 89. 3179.4644