Munich/Versailles -- At Eurosatory 2016, the world’s largest international land defence and security exhibition, Nexter and KMW will be showcasing their product ranges under the joint KNDS banner on just one stand.
Customers, delegations, visitors, journalists, service providers and equipment manufacturers will be received in a common shared area displaying the name and colours of the holding company incorporated in December 2015:
The formation of KNDS represents the beginning of consolidation in land defence systems in Europe.
This consolidation represents a first-class opportunity from both a political and economic perspective. The strategic alliance between Nexter and KMW will enhance both groups’ competitiveness and international positions, as well as their ability to meet the needs of their respective national army.
The new name clearly identifies the alliance between two established brands. By preserving both corporate identities and their logos and by combining their colours, Nexter and KMW are displaying their desire to cooperate by pooling their strengths and capitalising on the good fit they form, while each group retains its own capabilities and products.
This milestone reflects the momentum already achieved and opens up a new chapter in Nexter’s and KMW’s development, as well as in Franco-German defence relations.
“We are glad to present our new step forward on the path to a strong European defence group through our new name and our common presence during Eurosatory” said Stéphane Mayer and Frank Haun, the co-CEOs of KNDS.
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