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Raytheon Technologies sells bridge system innovator
German industrial group Dieter Murmann Beteiligungsgesellschaft (DMB) has acquired ship bridge system manufacturer Anschütz from Raytheon Technologies to strengthen its maritime product line
Anschütz produces fully integrated ship bridge and automation systems with gyro compasses, autopilots, steering control systems, radar, electronic chart displays, ECDIS and electronic logbooks.
In the deal, DMB takes over the entire Anschütz group with its headquarters in Kiel, Germany and international subsidiaries in Panama City, Portsmouth (UK), Rio de Janeiro (Brazil), Shanghai (China) and Singapore. This purchase sees Anschütz return to German ownership.
"Our new owner enables us to achieve sustainable growth in our markets by reacting more quickly to the needs of our customers and creating innovations that generate additional customer benefits and shape the navigation of the future,” said Anschütz future managing director Michael Schulz.
Anschütz has produced numerous innovations since 1905 and has become a well-known name in shipping, he said. “DMB is a strong partner with proven experience and expertise in international maritime business.”
Anschütz produces integrated navigation, bridge and mission systems for commercial and naval vessels, and is an industrial partner in several German and international maritime research projects.
Around 30,000 ships are equipped with Anschütz products and are supported by the company and a global network of certified sales and service partners.
The change of ownership includes all existing rights and obligations, so business relationships with customers and partners remain unaffected.
Hermann Anschütz-Kaempfe founded the Anschütz company in 1905 after he invented the gyro compass for ships. Supported by scientist Albert Einstein, Anschütz continued to develop the gyro compass over the years until 1925 when production of the two-gyro compass began.
Anschütz also introduced the iron helmsman, chart plotter, track control system and the first integrated navigation system with type-approval from class.
Anschütz has belonged to Raytheon since 1995, later Raytheon Technologies. During this time, Anschütz expanded its product range to include radar and ECDIS, and developed into an integrator of customer-specific bridge systems and mission systems.
In December 2022, DMB signed a purchase agreement with Raytheon Technologies, which became effective 27 February 2023 due to the official approvals now available. The change of name from Raytheon Anschütz to Anschütz will officially be completed with the entry in the commercial register.
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