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Expanded Chemring realigns
Wednesday, 12 September, 2007
An enlarged Chemring Group (Stand 944) has outlined plans to consolidate and realign its business operations following a period of expansion encompassing organic growth and strategic acquisitions.
Chemring’s subsidiary companies design, develop and manufacture countermeasures products and energetics materials for the defence, security and safety markets. Best known for its countermeasures business, the group has expanded into other sectors, notably pyrotechnics, munitions and missiles and explosive ordnance disposal. Earlier this year it completed the acquisition of Italy’s Simmel Difesa (a specialist in medium to large-calibre ammunition) and Chemring Nobel AS (a manufacturer of high explosive materials).
Chemring’s energetics division is the focal point for the realignment announced at DSEi. Two of its operating companies — Nobel Energetics, based in Ardeer, Scotland, and Wiltshirebased Leafield Engineering — are to merge as Chemring Energetics UK Ltd. Elsewhere within the division, the two businesses of PW Defence, based in Derbyshire, UK, and Bremerhaven, Germanybased Comet will be integrated and rebranded respectively as Chemring Defence UK and Chemring Defence Germany. Rik Armitage, business development director for Chemring Group, said: “We are now ideally positioned to respond to key changes in defence procurement and supply chain patterns. Increasingly, customers and prime contractors look to a single source for supply — and they expect that organisation to provide an ongoing and unprecedented level of through-life support. Chemring is now well placed and able to fulfil those requirements.”