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24 Sep 2026

Clifford Chance advises Mehler Systems on acquisition of major stake in Craig International Ballistics

"Clifford Chance advised Mehler Systems, a portfolio company of Deutsche Private Equity Investment Gesellschaft mbH (DPE), on its acquisition of a major stake in Craig International Ballistics (CIB), a leading supplier of ballistic protection to the Australian Defence Force and police forces."

Clifford Chance advised Mehler Systems, a portfolio company of Deutsche Private Equity Investment Gesellschaft mbH (DPE), on its acquisition of a major stake in Craig International Ballistics (CIB). The transaction sees Mehler Systems take a significant ownership position in CIB, a leading supplier of ballistic protection to the Australian Defence Force and police forces, whose products include ballistic protection panels, armoured vehicles, structural armour, tactical shields and body armour. The deal represents a further step in Mehler Systems’ cross-border growth and reflects the increasing role of private equity in the defence sector. Clifford Chance represented Mehler Systems (a portfolio company of Deutsche Private Equity Investment Gesellschaft mbH (DPE)) with a team composed by: Mark Currell (Managing Partner, Australia) and senior associate Liam Higgins, who led the multijurisdictional deal team, with support from Nicole Englisch (Managing Partner, Munich); the core deal team included associates Kingsley Duru and Michelle Ma, and law graduates Jacob Bible and Muskan Jain. Partner Clancy King and senior associate Paul Bonjour advised on employment matters, while Partner Elizabeth Richmond and senior associate Sam Frouhar advised on foreign investment regulatory matters.
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