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Rheinmetall agrees in principle to take over Alstom's Kassel plant

The defence contractor eyes extra capacity as rail work winds down.

M&A News deals deskIndustrials/Defence · Germany6 Oct 2026

Rheinmetall and Alstom confirmed on 6 October a preliminary agreement for Rheinmetall to take over Alstom's locomotive factory in Kassel, which employs about 750 people. No price has been disclosed.

Alstom website: alstom.com

Market context

The move fits a wider pattern of German defence groups absorbing civilian industrial sites to expand production, as Rheinmetall already builds wheeled armoured vehicles in Kassel. Contract details are still being negotiated.