Gamma Holding's BPB bags French Police order for bullet-proof vests
10 Oct '05
2 min read
Ballistic Protection Burgmann, a unit of the Verseidag Protection Group, which is part of Gamma Holding, has won a large order to supply more than 60,000 bullet-proof vests for police officers in France. The order is worth approximately EUR 17 million and deliveries will be made until 2008. Gamma Holding has hereby strengthened its leading position as a supplier of bullet-proof materials.
Verseidag Ballistic Protection wins large order for bullet-proof vests for French police
It is not the first time that this unit of Gamma Holding has produced bullet-proof vests for a foreign police force. They have previously been supplied to police forces in Germany, Italy, Sweden, Finland, Switzerland, Estonia and Latvia.
As well as producing protective clothing for people, Verseidag Ballistic Protection is also active in the armour-plating of means of transport, such as ships, army vehicles and passenger cars. For instance, six frigates are at present being fitted with special protective material in Great Britain. Well-known car brands like BMW, Mercedes and Audi also obtain their bullet-proof material from Verseidag Ballistic Protection for special passenger cars.
The winning of this order underlines Gamma Holding's strategy of further growing in the highly promising market for protective materials, both organically and via selective acquisitions. The Company also intends to increase its market share through an expansion of its product range.
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