Companies merge explosives, propellants work to form Eurenco

EURENCO: France's Group SNPE and SNPE Materiaux Energetiques (SME), Sweden's Saab and Finland's Patria have completed the merger of their explosives and propellants operations into a new company, European Energetics Corp., or Eurenco. SME and Group SNPE will own 60.2 percent of the company and...

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