German industrial group DMB has acquired maritime navigation systems manufacturer Anschütz from its aerospace and defence parent company Raytheon Technologies, the companies have announced.
Anschütz will become part of the DMB Group (Dr. Dieter Murmann Beteiligungsgesellschaft mbH), with Raytheon Anschütz GmbH to be renamed to Anschütz GmbH once the relevant entry in the commercial register has been made.
DMB takes over the entire Anschütz Group with its headquarters in Kiel and international subsidiaries in Panama City, Portsmouth (UK), Rio de Janeiro, Shanghai and Singapore.
“DMB is a strong partner with proven experience and expertise in international maritime business,” said Michael Schulz, Managing Director of the future Anschütz GmbH.
“Our new owner enables us to achieve sustainable growth in our markets by reacting more quickly to the needs of our customers and creating innovations that generate additional customer benefits and shape the navigation of the future.”
Anschütz is a manufacturer and integrator of navigation, bridge, and mission systems for commercial and naval vessels. Its product range includes gyro compasses, autopilots, steering control systems, radar systems, ECDIS and electronic logbooks.
Around 30,000 ships are equipped with Anschütz products, with the companies noting that the change of ownership includes all existing rights and obligations, so that business relationships with those customers will remain unaffected.
Anschütz has been owned by Raytheon Company since 1995, later Raytheon Technologies.