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Defence / Bulgaria · Germany · Mehler Systems
The 29 October announcement outlines a defence-industry acquisition; it does not specify a closing date.
Explore this story on the security map ↗Germany’s Mehler Systems signed an agreement on 29 October to buy a majority stake in Bulgarian protective-equipment manufacturer MARS Armor, its investor DPE announced. This is a recovered development from the review interval. [1]
Kostinbrod-based MARS Armor makes ballistic vests, armour inserts, helmets, shields and demining protection. DPE said it would retain its brand and current leadership within the group. The announcement provides no transaction value or separate completion date. [1]
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