General Atomics Europe is to acquire the maintenance, repair and operation for business aircraft and military helicopters, as well as the production of the Dornier 228 at Oberpfaffenhofen from RUAG International.
The new owner will take over all 450 employees.
The transfer of ownership (contractual closing) is expected to be completed this year and is part of an ongoing realignment of RUAG International. The sale of parts of the company is taking place in accordance with the unbundling concept approved by the Swiss Federal Council on 15 March 2019. The business activities affected by the sale were all brought together in the MRO International division, whose parts of the company are all to be divested in the future. The two locations specialising in business jets at Geneva-Cointrin and Lugano-Agno airports were sold in July 2019. The purchaser of the two locations was the French aerospace company Dassault Aviation.
RUAG Aerostructures, which is also based at Oberpfaffenhofen and employs 800 people, is not affected by the sale.
Location safeguarding and technological expertise for Bavaria Harald Robl, Managing Director of General Atomics Europe, commented: “We are aware of the challenges that a takeover of this magnitude means, especially in the aviation sector amid the current coronavirus crisis. However, General Atomics Europe is economically robust. In addition, we have developed a future concept that creates a classic win-win situation for GA-Europe and the future new location in Oberpfaffenhofen. We are convinced of the great potential of this company and its employees and want to develop Oberpfaffenhofen into the European aviation core of the General Atomics Europe Group.”