NFM Group Made Historic Acquisition

NFM Group has completed the acquisition of Paul Boyé earlier last month, one of France’s most established defense and security manufacturers. The transaction marks a new stage in NFM Group’s European expansion and reinforces its long-term commitment to the French Armed Forces and national security institutions.

Following a comprehensive process with French authorities, NFM Group has acquired 100% of the shares in Paul Boyé.

A new chapter for Paul Boyé and NFM Group

Founded in 1904, Paul Boyé supplies protective and operational systems to armed forces, law enforcement, first responders, and the health sector, continuing a legacy of more than a century of experience. The company is a recognized expert in CBRN protection, and a trusted supplier of tactical equipment, as well as technical uniforms and protective garments used in demanding operational environments.

NFM Group, founded in Norway in 1996, has grown from a small start-up to a global defense supplier with operations across Europe and the United States. Following the acquisition of the German company Hexonia in 2022, NFM Group has built a strong and strategically positioned European industrial footprint.