Volkswagen has agreed to sell a German manufacturing plant to investment firm Aurelius. The transaction includes the state of Lower Saxony as a partner. The facility will be repurposed into a security and defense site.

This marks a significant shift in the plant's operational focus. The deal finalizes Volkswagen's exit from the specific location. Aurelius will manage the transition to the new defense-oriented use.

The state of Lower Saxony remains involved in the ownership structure.