Diehl Defence and TAUBER set up joint venture ‚TD Services‘

Diehl Defence GmbH & Co KG and TAUBER Holding Germany GmbH set up the joint venture ‚TD Services GmbH‘. Both shareholders hold a 50 percent share of the company, TAUBER assumes the industrial lead. In July, the setting up was approved by the responsible cartel authority.

Diehl Defence
Diehl Defence and TAUBER set up joint venture ‚TD Services‘ Diehl Defence and TAUBER set up joint venture ‚TD Services‘

Diehl Defence GmbH & Co KG and TAUBER Holding Germany GmbH set up the joint venture ‚TD Services GmbH‘. Both shareholders hold a 50 percent share of the company, TAUBER assumes the industrial lead. In July, the setting up was approved by the responsible cartel authority.

The joint venture of both shareholders will serve, among other things, the expansion of capacities of the companies in the fields of ammunition disposal, logistics and inventory management.

While Diehl Defence is a leading supplier of air defence systems, missiles and various other military effectors, TAUBER is a leading specialist for explosive ordnance clearance. As prime contractor in this field, TAUBER offers the whole range of capabilities from aerial photo analysis to explosive ordnance disposal. This also includes explosive ordnance detection, ordnance removing and deactivation as well as the storage and disposal of explosive ordnance. Counting more than 600 employees, TAUBER is internationally active and represented with numerous locations in Germany.

"We have both professional overlaps and also a lot in common in terms of economic thinking as family-owned companies. We can therefore expand capacities together in many areas and tackle new aspects innovatively", Jan-Bernd Kappelhoff, CEO of the TAUBER Group, says.

Helmut Rauch, CEO Diehl Defence, explains: "With the setup of the joint venture ‚TD Services‘ between Diehl Defence and TAUBER, we create an ideal complement between our specialist knowledge gained over decades in the ammunition manufacturing and TAUBER's extensive experience in the disposal and logistics of ammunition. In this way, the new joint venture will make a significant contribution to the urgently needed stockpiling of ammunition and thus to the defence capability of the Federal Republic of Germany.”

The strategic partnership between Diehl Defence and TAUBER strengthens the industrial basis for the realization of the intended production expansion, for example through the acquisition of warehouse, logistics and delaboration capacities. In addition, the joint venture enables Diehl Defence to offer its customers an overall range of capabilities along the value chain.