# Nammo closes acquisition of Chemring Florida business

Nammo has completed the acquisition of Chemring's Florida-based business for $17 million. The acquired business produces ordnance, pyrotechnic products, and munition components for the U.S. Department of Defense.

- Type: Acquisition
- Announced: 2020-05-07
- Where: Florida, United States
- Value: $17.0M
- Status: completed
- Products: ordnance, pyrotechnic products, munition components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Chemring Group](https://endata.com/companies/18620.md) (target)
- [Nammo](https://endata.com/companies/21559.md) (acquirer)

## Sources

- [aviationweek.com](https://aviationweek.com/defense/missile-defense-weapons/nammo-closes-acquisition-florida-based-chemring-business), 2020-05-07: "Nammo has closed out the acquisition of Chemring’s Florida-based business, expanding the Norwegian company’s U.S. footprint."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
