Saab completes Kockums acquisition

摘要

Saab has completed the SEK340 million (USD49.6 million) purchase of Swedish shipyard ThyssenKrupp Marine Systems AB (TKMS AB, formerly Kockums) from German industrial group ThyssenKrupp, Saab announced on 22 July. The business will be re-named Saab Kockums and become a business unit within Saab's Security and Defence Solutions division. The deal value is some way below previously reported estimates, which had suggested Saab expected to pay around SEK1 billion for the company. The acquisition is the result of a decision by the Swedish government to revive the country's sovereign submarine-building capability to deliver its next-generation submarine.