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Home Press Giat Industries completed the acquisition of SNPE

Giat Industries completed the acquisition of SNPE

Versailles, December 13, 2013 – Giat Industries, parent company of the Nexter Group, today confirmed the acquisition of all the equity of the SNPE.

This operation will allow to bring together, within a same group and while respecting their respective strategies, customers and markets, their activities in the ammunition field and to rationalise the management of the land and property affairs stemming from the history of the two groups.

About GIAT Industries
As the holding of Nexter Systems, GIAT Industries' mission is to meet the requirements of the French Army as well as other armies worldwide. GIAT has acquired unrivalled expertise in all the components of modern air-land systems: protection, command, mobility, fires, and support. GIAT Industries generated revenues of 736 million euros in 2012. GIAT Industries equipment and customer's services (MBTs, armoured vehicles, artillery systems, munitions, information terminal systems, product support and upgrades) is in service in over 100 countries.

Press Contact
Laetitia Blandin
Tel. +33 1 30 97 36 41 / This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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