GIAT Industries and SNPE have decided, with the support of the French State, the sole shareholder of both companies, to enter into discussions with a view to bringing them together.

This operation should make it possible to bring together, within a same entity and while respecting their respective strategies, customers and markets, the complementary activities of the two groups in the munitions field and to rationalize the management of the State and environmental matters stemming from the history of the two groups. It should take place in 2013 in the form of a bringing together of the two groups around GIAT Industries.

As the holding of Nexter Systems, GIAT Industries' mission is to meet the requirements of the French Army as well as other armies worldwide. GIAT has acquired unrivalled expertise in all the components of modern air-land systems: protection, command, mobility, fires, and support. GIAT Industries generated revenues of 736 million Euros in 2012.

GIAT Industries equipment and customer's services (MBTs, armored vehicles, artillery systems, munitions, information terminal systems, product support and upgrades) is in service in over 100 countries.

SNPE, through its subsidiary Eurenco, is a European leader in powders and explosives for civil and military use and the world’s number one producer of nitrate ethylhexyl (NEH), an additive enhancing the quality of diesel fuel (reduction of consumption and pollution).