Home Press Nexter Systems negotiates for the acquisition of Paul Boyé SA in order to form a CBRN european leader

Nexter Systems negotiates for the acquisition of Paul Boyé SA in order to form a CBRN european leader

Versailles, December 18, 2013 – As part of the development of its Equipment Business Line, the Nexter Group's ambition is to form a european leader dedicated to personal protection solutions for soldiers and security forces, particularly against CBRN threats (chemical, biological, radiological and nuclear).

Following the integration of Paul Boyé Technologies, with a workforce of 250 employees and a turnover expected to reach 100 million euros, the new entity would be in a position to gain recognition in the highly competitive international market within its scope of activity: Detection, Individual protection, Collective protection and Decontamination. It would allow initiating new programs of R&D, the generation of numerous synergies and an improved offering and competitiveness of its wider range of systems and products both in the field of defence and civil protection.

In order to support the integration within the new Nexter CBRN Business Line, Jacques and Philippe Boyé, the current shareholders and directors of Paul Boyé SA, have agreed to continue working with Paul Boyé Technologies.
The aim of both companies is to sign a final agreement in early 2014 after having obtained approval from the relevant bodies and authorities.

About Nexter Systems
Nexter applies its expertise in land defence systems to meet the needs of the French army and other forces internationally. The scope of its business includes the supply of weapons systems and munitions for Army, Air Force, Navy and law enforcement applications. In 2012, Nexter reported revenue of Euros 742 million, of which 18% were allocated to Research & Development. The range of products offered by Nexter includes: Artillery systems CAESAR®, TRAJAN and, 105LG, Leclerc main battle tank, VBCI Infantry combat vehicle, ARAVIS® highly protected armoured vehicle, TITUS®, Nexter new armored 6x6, BONUS smart ammunition, all backed up by customer service, support and recycling. NBC-Sys is the group's subsidiary that specialises in detection (chemical or biological), individual protection (gas masks, filter cartridges, etc.), collective protection (integrated air treatment systems, conditioning and filtration in vehicles or buildings) and decontamination (aircraft, vehicle, sensitive equipment and human). 2012 turnover: €18m - Workforce: 59. For more information: www.nexter-group.fr

About Paul Boyé SA
Paul Boyé SA is the 100% holding company of Paul Boyé Technologies and PB Inc. Manufacturer of individual protection and security equipment, Paul Boyé Technologies is the provider to the Ministries of Defence, Health and Interior, both in France and by export. Its expertise is reflected in the design, production and marketing of warfare and protection gear against biological, chemical, radiological and nuclear threats, as well as for protection from fire and ballistics, for use in extreme conditions. For more information: www.paul-boye.fr

Press Contact

Nexter Systems
Laetitia Blandin
Tel. +33 1 30 97 36 41
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