Diehl Defence takes over precision parts manufacturer Allweier

Diehl Defence

Diehl Defence, a leading system house in the defence industry in Germany and the largest industrial employer in the western Lake Constance district, will take over Allweier, a precision parts manufacturer based in Überlingen, on January 1, 2024. The existing business of Allweier will be continued by Diehl Defence as an independent business unit under the name "DD Präzisionsteile GmbH & Co KG".

The Allweier Group went through insolvency proceedings in the course of which Diehl Defence was selected from several applicants as the buyer. This will secure the jobs of about 160 people in Überlingen currently employed by Allweier. With the takeover, Diehl Defence expands its production capacity and opens up a new source of supply for its existing product range. Allweier currently manufactures high-precision metal parts for several industrial sectors, which can also be used in a large number of Diehl Defence products, such as guided missiles.

Helmut Rauch, CEO of Diehl Defence, said: "The acquisition of the Allweier Group fits perfectly into our growth strategy, secures jobs at the Überlingen site and opens up new prospects for the employees of the Allweier Group. Throughout the transaction process, a future-oriented solution was found for all parties involved in constructive cooperation with the insolvency administrator "Schleich & Partner"."

Diehl Defence is currently in a phase of strong growth. In the years ahead a continued increase in production, sales and workforce is forecast which will further strengthen the market position of Diehl Defence as leading German system house in the field of air defence. Through the acquisition of Allweier, Diehl Defence can strengthen its existing workforce with qualified employees in the new company as well as its supply chain.

The takeover of Allweier is based on many years of good cooperation with the municipality and local authorities and is part of ongoing measures to secure the location: a new warehouse and logistics building was already built at Diehl Defence's headquarters in Überlingen in 2021/2022 and in October 2023 the company acquired a plot of land to build a new administration building in the coming years.