Deal Snapshot
CHEMRING TO SELL US SUBSIDIARY TO NORWEGIAN AMMUNITION COMPANY NAMMO
Friday 29 November 2019

Texas, US-based digital workplace solutions company iOffice has acquired Utah, US-based asset management SaaS provider ManagerPlus to expand iOffice's cloud-based solutions and further strengthen its position in the IWMS market, the company said.
ManagerPlus delivers scalable solutions to more than 10,000 asset intensive organisations in the manufacturing, agribusiness, construction, government, fleet, oil and gas, health care, and other professional service industries.


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Details
Date Published: 29/11/2019
Target: Chemring Ordnance, Inc
Country: USA
Deal Size: 17m (USD)
Sector: Chemicals
Type: Divestment
Financing: Cash
Status: Agreed
Vendor: Chemring
Buyer: Nammo Defense Systems
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