Strategic advice to Wegmann Unternehmens-Holding on the new corporate governance structure of KNDS

Joerg Freimund and the Steen Associates team continues its long association with Wegmann Unternehmens-Holding, the 50% shareholder of KNDS, the European land systems and vehicle manufacturer, by assisting in the creation of its new corporate governance structure.

With this new structure, the owners of the Franco-German manufacturer of military land systems – the French state holding company GIAT Industries and the German family-owned Company Wegmann Unternehmens-Holding are continuing on the path they forged in 2015: advancing in defined milestones towards the creation of a leader in its field.

Commenting on the new strategic arrangements Joerg Freimund and Jason Steen said "We are delighted to congratulate Frank Haun to his new position as sole CEO and look forward to future years of cooperation and endeavours".