Krauss-Maffei Wegmann KMW announced at LAAD 2011 the founding of a new subsidiary in Brazil.
Krauss-Maffei Wegmann (KMW), Europe’s market leader for protected tracked and wheeled vehicles, officially announced the founding of a new subsidiary in Brazil today on the occasion of the opening ceremony of the Latin America Aero & Defence exhibition.
The Brazilian army bought Leopard 1A5 main battle tank from KMW
Named KMW do Brasil and located in Santa Maria in the southern Brazilian state of Rio Grande do Sul, the newly founded company will act as a continental hub for KMW’s activities in South America.
“This step is a clear commitment to Brazil which has recently purchased LEOPARD 1A5 main battle tanks and respective periphery systems, delivered by KMW” Frank Haun, CEO of KMW, said during his visit to the Rio de Janeiro. “Now we want to extend our activities and with Santa Maria we have found an ideal location to build up a new KMW-service, -production and –technology plant. This is a dedicated commitment to Brazil for a true technology transfer and a true local content.”
KMW’s strategic intention is to transfer technology to Brazil where, after the build-up of the new manufacturing site and together with local engineers and experts, military vehicle solutions are to be developed according to the specific needs of the Brazilian Army. In addition the new subsidiary will serve as maintenance centre for land systems and later also as a manufacturing site. Furthermore it will focus on the generation of new business opportunities in a market that is of strategic importance due to the high demand for highly sophisticated land systems and cutting-edge technologies. With the formation of its South American subsidiary KMW also continues its path of regional cooperation and technology transfer.
The new company is headed by Christian Böge. He has a long standing record in sales and marketing and an in-depth knowledge of the region.