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ARTEC Partners Set Up UK Boxer Subsidiary

Library image of Boxer MIV at UK Army Expo 2023 [© Bob Morrison]

The partner shareholders of ARTEC GmbH have elected to set up a new subsidiary in the United Kingdom, ARTEC Boxer UK Ltd.

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Press Release, 04 October 2023: The shareholders of ARTEC GmbH (Krauss-Maffei Wegmann GmbH & Co. KG, Rheinmetall Landsysteme GmbH and Rheinmetall Defence Nederland B.V.) have elected to set up a new subsidiary in the United Kingdom, ARTEC Boxer UK Ltd.

From left to right: James Cartlidge, MP, Britain’s minister of state for defence procurement; Armin Papperger, chairman of the executive board of Rheinmetall AG; and Ralf Ketzel, chairman of the board of management Krauss-Maffei Wegmann GmbH & Co. KG. [press release image]

The company will be a wholly owned subsidiary of ARTEC GmbH and assume responsibility for its operational activities in the UK. These include providing the British Army with service and maintenance support for the Boxer armoured transport vehicle. Furthermore, ARTEC Boxer UK Ltd. will pursue export orders. The company’s operational goals include growing its market share in the UK service sector as well as gaining ground in the global market for highly protected 8×8 vehicles.

The agreement to create ARTEC Boxer UK Ltd was signed during the DSEI defence show in London.

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