Overview

• Rheinmetall has announced plans to acquire Naval Vessels Lürssen, with completion contingent on a final agreement and competition authority clearance.
• The NVL group includes four German yards—Peene-Werft in Wolgast, parts of Blohm+Voss and Norderwerft in Hamburg, and Neue Jadewerft in Wilhelmshaven—with headquarters in Bremen-Vegesack and a Lemwerder campus.
• NVL employs about 2,100 people, including roughly 530 in Bremen/Lemwerder, 450 at Blohm+Voss, 370 at Peene-Werft, 140 in Wilhelmshaven and 100 at Norderwerft.
• Rheinmetall says no site closures or layoffs are planned and projects NVL revenue could rise from about €1 billion to around €5 billion within five years.
• IG Metall reports worker uncertainty and cites exposure of up to 21,000 suppliers, while regional governments back the deal’s growth potential and press to keep the NVL headquarters in Bremen under existing tariff conditions.