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Mehler Vario System has been awarded a follow-on contract by the Swedish Defence Procurement Agency (FMV) for ballistic protective vests for the Swedish armed forces, with a total value of approximately EUR 180 million.
DPE Deutsche Private Equity acquired a majority stake in M-Sicherheitsbeteiligungen GmbH, the holding company of Mehler Vario System, a European manufacturer of protective vests and vehicle protective equipment based in Fulda, Germany.