Deutsche Beteiligungs, the German mid-market buy-out firm, has bought Preh Werke, an electronics subsidiary of automotive and defence group Rheinmetall, and persuaded a member of the Preh founding family to reinvest alongside it.

Deutsche Beteiligungs declined to disclose the price but said the company generates sales of €220m ($260m) and employs 1,700 staff. It provides sensor systems for cars and its customers include BMW, DaimlerChrysler and General Motors.

Deutsche Beteiligungs buys Preh Werke from Rheinmetall

William Hutchings

Deutsche Beteiligungs

Rheinmetall

General Motors

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