Horstman, a company of the RENK Group, is delighted to announce that it has won a multi-million pound manufacturing export contract.

Horstman has been awarded a follow-on contract for the immediate supply of spare Hydrostruts® suspension units in support of the German Army PUMA Infantry Fighting Vehicle programme.

This contract award follows over ten years of production of, and support to, the PUMA Infantry Fighting vehicle, for which Horstman has delivered over 4,000 Hydrostruts®. PUMA is delivered to the German Army by Projekt System & Management GmbH (PSM) – a consortium of Krauss- Maffei Wegmann and Rheinmetall Landsysteme.

This multi-million pound contract maintains our long heritage of providing combat mobility solutions in support of British, NATO and worldwide military forces, and clearly demonstrates our excellent relationship and proven quality as an overseas supplier to the PUMA partners.

“This is excellent news – our team in Bath has worked hard to win this contract” says Ian Pain, CEO Horstman Group.” It is also testament to the close and enduring defence ties between the UK and Germany, and shows our customer and RENK’s track-record in driving UK investment. This has also been in evidence on the UK Boxer programme - with current contracts already in place and more Boxer support and artillery variants being considered.”

Russel Blomfield, Operations Manager Horstman Group said, “After all the challenges of the last 18 months, this is great news for the operations team who produce the Hydrostruts®. They work hard and take pride in a quality product. They now have a new output challenge, which they will take in their stride.”

About Horstman

Horstman – a company of the RENK Group – has been headquartered in Bath since 1913, with business units in the UK, the US and Canada. It delivers mobility solutions for the global wheeled and armoured markets’ hardest challenges. Horstman provides world leading design and manufacturing capabilities, with our customers benefiting from our time-tested pedigree in innovation, product development, manufacture and defence project management in heavy armoured and tracked vehicle suspension systems.

Horstman designed and manufactured products have been integrated for many years throughout multiple, battle proven, British Army platforms and for customers globally. For more information, please visit: www.horstmangroup.com

About RENK Group

Headquartered in Augsburg, Germany, RENK Group is a globally leading manufacturer of high- quality transmissions, engines, hybrid drive systems, suspension systems, slide bearings, couplings and test systems. The group serves a wide range of end-markets with a particular focus on armoured vehicles, defence and civil marine, power generation, plastics, oil & gas, and others. With over 3,000 employees, RENK Group generates annual revenues of over EUR 800 million.

For further information, please visit: www.renk-group.com Media Contact

Bertie Williams, Horstman Group, +44 (0)7706 350165, Bertie.williams@horstman.co.uk