KippsDeSanto & Co. Advises Chemring Group PLC on the Sale of Chemring Ordnance, Inc. to Nammo Defence Systems Inc.

The KippsDeSanto team provided invaluable guidance and advice in our strategic divestiture of Chemring Ordnance. The transaction was run through an efficient and effective process that identified the most likely and most aggressive buyers. From day one to the transaction closing, KippsDeSanto’s analytical rigor, strong communication, and hustle ensured our objectives were met.

This was the third time that we chose Kipps DeSanto to provide us the high quality guidance we require to execute on our strategic plan. This latest instance involved the divestiture of two businesses, each of which posed significant challenges for the deal team.  The Kipps DeSanto team identified a number of options which allowed us to overcome obstacles which otherwise would have made the sale unlikely.  The transaction process was efficient and effective. The team responded to short notice requests and was instrumental in helping us maintain the internal cadence needed to close these very complex sales. We will be looking to them again as we identify opportunities to further our strategic objectives.

Bill Currer, President