DPE Deutsche Private Equity (DPE) has acquired a majority stake in M-Sicherheitsbeteiligungen GmbH (Mehler Vario System) from investment holding Armira. Karanovic & Partners team led by Partner Ivan Nonković as well as Associate Marko Ćulafić, have worked in cooperation with Clifford Chance for DPE, on the local aspects of the transaction.
Mehler Vario System is Europe’s leading manufacturer of ballistic vests, tactical equipment and clothing, and protection systems for vehicles. The Fulda-based company employs around 600 people in five locations in Germany, Slovenia and Serbia and generates revenues of more than €100 million.
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