M&A Deal Summary

Drew Marine Acquires Drew Marine Signal and Safety

On June 6, 2012, Drew Marine acquired chemicals company Drew Marine Signal and Safety from Chemring Group for 32M GBP

Acquisition Highlights
  • This is Drew Marine’s 1st transaction in the Chemicals sector.
  • This is Drew Marine’s largest (disclosed) transaction.
  • This is Drew Marine’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2012-06-06
Target Drew Marine Signal and Safety
Sector Chemicals
Buyer(s) Drew Marine
Sellers(s) Chemring Group
Deal Type Divestiture
Deal Value 32M GBP

Target

Drew Marine Signal and Safety

Fareham, United Kingdom
website
Chemring Marine is the supplier of marine pyrotechnic distress signals to the commercial and leisure marine markets.

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Buyer(S) 1

Buyer

Drew Marine

Whippany, New Jersey, United States

website

Category Company
Sector Chemicals
DESCRIPTION

Drew Marine is a global manufacturer and provider of advanced performance chemicals and safety solutions to virtually every sector of the international maritime and offshore markets. Drew Marine has 100 distribution locations in more than 50 countries.

DEAL STATS #
Overall 1 of 2
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-31 Alexander/Ryan Marine & Safety

Houston, Texas, United States

Alexander/Ryan Marine and Safety is a manufacturer and distributor of fire, safety and rescue equipment to the Offshore and Marine markets.

Buy -

Seller(S) 1

SELLER

Chemring Group

Romsey, United Kingdom

website

Category Company
Founded 1905
Sector Defense
Employees2,300
Revenue 393M GBP (2021)
DESCRIPTION

Chemring Group (“Chemring”) is a manufacturer of military and commercial energetic & defense materials whose major product are decoys and chaff for the protection of aircraft from attack. Chemring Group was founded in 1905 and is based in Romsey, the United Kingdom.

DEAL STATS #
Overall 1 of 3
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 3
Country (United Kingdom) 1 of 2
Year (2012) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-19 Allied Defense Group

Baltimore, Maryland, United States

Allied Defense Group, Inc. (“ADG”) engages in the manufacture and worldwide sale of ammunition and ammunition related products through its two operating subsidiaries located in Nivelles, Belgium and in Marshall, Texas.

Buy $59M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Chemring Group - SmartSwitch

Romsey, United Kingdom

Chemring Group PLC - SmartSwitch includes 3GPP ANDSF and Hot Spot 2.0 compliant connection management technology that Carnegie will integrate into its Network Convergence Platform.

Sell -
Mergr

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