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Business/Financial

Safariland Acquires Lithuanian Body Armor Manufacturer

Wednesday, March 6th, 2013

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The Safariland Group yesterday said it has acquired certain assets from Lithuania’s Arveka TGS, a designer and manufacturer of body armor and personal protection equipment, growing its international business and boosting its product offerings. Terms of the deal were not disclosed. Safariland is owned by the security consulting firm Kanders & Co., which bought the business from Britain’s BAE Systems last year (Defense Daily, May 3, 2012). Arveka, which has 17 employees, makes protective products for law enforcement and military…

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