Completion of Acquisition of Mecar Businesses

(September 1, 2010) -- Chemring Group PLC ("Chemring") announces that it has successfully completed its acquisition of Mecar SPRL, based in Nivelles, Belgium and the business and assets of Mecar USA, Inc., based in Marshall, Texas, having received the necessary regulatory approvals. The acquisition was announced on 24 June 2010.

Mecar SPRL is a niche manufacturer of medium and large calibre ammunition, particularly for modern, light armoured vehicles. The Mecar USA, Inc. business, which will trade as Chemring Military Products, Inc., provides load, assemble and pack and procurement services for the US Government and prime contractors. The two businesses were previously the main operating subsidiaries of The Allied Defense Group, Inc.

Source : Chemring Group PLC