Volkswagen agrees terms to sell Osnabrueck plant to Aurelius, Lower Saxony
Closing still subject to approvals
Closing remains subject to final agreements, internal approvals and reviews, and further partnerships are planned under the new structure.
Plant to shift toward defense manufacturing
The plan would shift the plant into a security and defense manufacturing hub as vehicle production is phased out by summer 2027.
The initial anchor project targets potential production of air-defense systems and components with Rafael Advanced Defense Systems for Germany and Europe.
Volkswagen reaches key terms on Osnabrueck plant sale
Volkswagen agreed key terms with Lower Saxony and Aurelius Capital for a potential sale of its Osnabrueck unit.
Aurelius would take majority ownership alongside the state, aiming to secure the site and most jobs long term.
