Chemring Group PLC: Acquisition of Landguard Systems
Chemring is pleased to announce the conditional acquisition of Landguard Nexus Limited (“Landguard”) and its wholly owned subsidiaries Landguard Systems Inc and Landguard Systems Limited (collectively the “Landguard Group”) (the “Acquisition”). The Acquisition creates further opportunities for Chemring to enhance the growth of its Roke business. Acquisition overview Landguard, based in Fareham, Hampshire, designs, manufactures,…