NICO-Pyrotechnik merges with Rheinmetall Waffe Munition

International leader in law enforcement and military technology (25 September 2006) -- Rheinmetall subsidiary NICO-Pyrotechnik Hanns-Jurgen Diederichs GmbH & Co. KG of Trittau has merged with Rheinmetall Waffe Munition GmbH of Ratingen. The merger took effect on 7 August 2006, backdated to 1 January 2006 for financial purposes. With their range of products being first and foremost used by police tactical response units and special forces of the armies, Rheinmetall Waffe Munition GmbH - Branch Nico Trittau forms an important part of the Protective Systems & Pyrotechnics product group of Rheinmetall's Weapon Munition division. Founded in 1949, in the intervening decades the company has earned a global reputation for top-quality products. Their ranges of non lethal- and 40mm ammunition are product highlights within a vast scope of pyrotechnic stores. As a member of the Rheinmetall family since 1970, the company has benefited from being part of one of the world's foremost makers of military hardware and law enforcement equipment. Besides Rheinmetall Waffe Munition GmbH (managerial company) the strategic division Rheinmetall Weapon Ammunition comprises RWM Schweiz AG, Switzerland, Rheinmetall Waffe Munition Arges GmbH of Austria as well as the German-Swiss Nitrochemie group. The merger of NICO-Pyrotechnik into Rheinmetall Waffe Munition GmbH is a further relevant step to a streamlined organization optimally poised to meet the future requirements of the armed forces and emergency services in an era of rapid change.

Source: Rheinmetall
Date: Sep 25, 2006

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