CHG Chemring Group Plc

 

TIDMCHG 
 
RNS Number : 0008S 
Chemring Group PLC 
01 September 2010 
 

FOR IMMEDIATE RELEASE 
              1 SEPTEMBER 2010 
 
                               CHEMRING GROUP PLC 
 
                  COMPLETION OF ACQUISITION OF MECAR BUSINESSES 
 
 
Chemring Group PLC ("Chemring") announces that it has successfully completed its 
acquisition of Mecar SPRL, based in Nivelles, Belgium and the business and 
assets of Mecar USA, Inc., based in Marshall, Texas, having received the 
necessary regulatory approvals. The acquisition was announced on 24 June 2010. 
 
Mecar SPRL is a niche manufacturer of medium and large calibre ammunition, 
particularly for modern, light armoured vehicles. The Mecar USA, Inc. business, 
which will trade as Chemring Military Products, Inc., provides load, assemble 
and pack and procurement services for the US Government and prime contractors. 
The two businesses were previously the main operating subsidiaries of The Allied 
Defense Group, Inc. 
Chemring's next scheduled trading update will be its Interim Management 
Statement, scheduled for release on 16 September 2010. 
 
 
 
For further information: 
Dr David Price            Chief Executive, Chemring Group PLC          01489 
881880 
Paul Rayner                Finance Director, Chemring Group PLC        01489 
881880 
Rupert Pittman           Cardew Group 
     0207 930 0777 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 ACQEASNFEENEEFF 
 

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