Munich — The invest­ment holding company Armira has sold all its shares in M‑Sicherheitsbeteiligungen GmbH (Mehler Vario System Group) to the invest­ment company Deut­sche Private Equity (DPE). The parties invol­ved have agreed not to disc­lose all details of the tran­sac­tion. The tran­sac­tion is still subject to appr­oval by the rele­vant authorities.

The Mehler Vario System Group is one of the leading manu­fac­tu­r­ers of balli­stic protec­tive equip­ment. The product port­fo­lio includes an exten­sive range of high-quality balli­stic protec­tive vests, tacti­cal equip­ment and clot­hing, as well as balli­stic protec­tion solu­ti­ons for vehic­les. The Mehler Vario System Group includes Mehler Vario System GmbH as well as three German subsi­dia­ries and one each in Slove­nia and Serbia. The company is head­quar­te­red in Fulda, Germany, employs around 600 people at five loca­ti­ons and opera­tes inter­na­tio­nally in over 40 count­ries worldwide.

Mehler Vario System Group was acqui­red by Amira in 2014 and has since grown stron­gly both orga­ni­cally and inorganically.

Armira is a Munich-based invest­ment holding company that invests in medium-sized compa­nies in German-spea­king count­ries. The focus is on estab­lished, profi­ta­ble compa­nies with sales between 50 and 500 million euros. The unique capi­tal base of entre­pre­neurs and entre­pre­neu­rial fami­lies gives Armira the flexi­bi­lity to invest without a fixed term and to focus on the long-term deve­lo­p­ment of the port­fo­lio compa­nies. The Armira Group curr­ently gene­ra­tes sales of over 1.5 billion euros and employs more than 8,000 people.

Legal advice: CMS Hasche Siegle
Lead Part­ner Dr. Hendrik Hirsch , Chris­tian Schu­bert, Coun­sel, Dr. Berrit Roth-Ming­ram, Senior Asso­ciate, Maxine Nots­tain, Asso­ciate, all Corporate/M&A,
Kai Neuhaus, Part­ner, Moritz Pottek, Asso­ciate, both Compe­ti­tion & EU,
Boris Alles, Coun­sel, Labor, Employ­ment & Pensions
Dr. Thomas Hirse, Part­ner, Phil­ippe Heinzke, Coun­sel, Sven Krause, Senior Asso­ciate, all Intellec­tual Property, Dr. Jakob Steiff, Part­ner, Real Estate & Public

CMS Slove­nia
Aleš Lunder, Part­ner, Robert Kordić, Asso­ciate, Saša Sodja

CMS Serbia
Radi­voje Petri­kić, Partner

Finan­cing advice to Amira: Shear­man & Sterling
Part­ner Winfried M. Carli, Asso­ciate Martina Buller (both Germany-Finance).

About Shear­man & Sterling
Shear­man & Ster­ling is an inter­na­tio­nal law firm with 23 offices in 13 count­ries and appro­xi­m­ately 850 lawy­ers. In Germany, Shear­man & Ster­ling is repre­sen­ted at the Frank­furt office. The firm is one of the inter­na­tio­nal market leaders in advi­sing on complex cross-border tran­sac­tions. World­wide, Shear­man & Ster­ling prima­rily advi­ses inter­na­tio­nal corpo­ra­ti­ons and large natio­nal compa­nies, finan­cial insti­tu­ti­ons, and large mid-sized compa­nies. For more infor­ma­tion, visit www.shearman.com.

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