22 jan 2013
Nammo and Santa Bárbara Sistemas reach agreement for takeover of the Palencia factory.
Santa Bárbara Sistemas, S.A., which is operated as part of General Dynamics European Land Systems (GDELS-SBS), and Nammo AS have reached an agreement for the purchase of the Palencia operations of GDELS-SBS. The factory is specialized in the manufacture of various types of ammunition. As the agreement provides, Nammo will assume Palencia´s existing workforce, assets, …
