Bundeskartellamt genehmigt gleichberechtigtes Joint Venture von KNDS und ELBIT Systems Land im Bereich Artillerieraketensysteme in Deutschland; EuroPULS als integriertes System mit through-life services

KNDS and ELBIT Systems Land can set up joint venture in the field of rocket artillery systems

KNDS and ELBIT Systems Land can set up joint venture in the field of rocket artillery systems

TheBundeskartellamthas today cleared plans byKNDSDeutschland BeteiligungsGmbH, Munich, andELBITSystems LandLtd., Haifa, Irsael, to establish an equally owned joint venture in the field of rocket artillery systems.

KNDSandELBITare defence companies which, among other projects, have jointly developed the EuroPULS rocket artillery system. The planned joint venture EuroPULS is intended to market this system as an integrated system and, using the resources of its parent companies, provide through-life services, including spare parts supply and maintenance. The standalone sale of subsystems is not included in the scope of EuroPULS. It also does not have its own research and development department or production facility. All systems sold will be supplied by the shareholdersKNDSandELBIT.

Andreas Mundt, President of theBundeskartellamt:“The planned joint venture between KNDS and ELBIT does not raise any competition concerns, as the companies are not in close competition with one another in this field, but rather are combining complementary capabilities. In addition, there are strong competitors offering a comparable range of products and services. The cooperation is more likely to stimulate competition by creating a strong counterbalance to other manufacturers’ offerings.”

Projects of this scale are typically subject to notification to the European Commission. In this case, theBundeskartellamtwas responsible for examining the project, as the EuroPULS joint venture, given in particular its limited scope of activities, does not perform, on a lasting basis, all the functions of autonomous economic entities and therefore does not fall within the scope of the European Community Merger Regulation.

Gemeinschaftsunternehmen vonKNDSundELBITSystems Land im Bereich der Artillerieraketensysteme genehmigtpress releases30.04.2026Learn more

Gemeinschaftsunternehmen vonKNDSundELBITSystems Land im Bereich der Artillerieraketensysteme genehmigt

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Source: https://www.bundeskartellamt.de/SharedDocs/Meldung/EN/Pressemitteilungen/2026/04_30_2026_KNDS_ELBIT.html
sdDatePublished: 2026-04-30T13:06:00Z
Topics: antitrust regulations, defence equipment, business restructuring, merger or acquisition, regulatory authority
Locations: Germany, Munich, Israel