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Press release

Stemme AG and Remos AG announce merger

12/04/2017

Press releaseIssued by Stemme GmbH.

The Aircraft manufacturer Stemme AG and the Light Sport Aircraft manufacturer Remos AG announced today that both companies will be merged. This transaction is a logical continuation of the successful cooperation that started in 2014 whereby Remos AG has been producing structural composite parts for Stemme and ECARYS aircraft. The agreement has been unanimously approved by both companies' supervisory boards. Both brands will continue to market their existing products under the existing brand names. The new organization will operate under the name Stemme AG.

The manufacturing facilities in Pasewalk and Strausberg will remain in operation whereas it is planned to increase production capacity at the Remos facility in Pasewalk in order to meet the growing demand especially for Stemme and ECARYS aircraft. The production of Remos aircraft will continue in Pasewalk.

The transaction brings together two companies and their respective excellent skills represented by their employees in Germany, building on the proven success of their existing cooperation since 2014. Uniting innovative technology, common cultures and values will enable a rapid integration.

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