Ski, Norway / Labarthe-sur-Lèze, France — October 7, 2025

The Norwegian personal protective equipment company, NFM Group has completed the acquisition of Paul Boyé, 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 . The Closing was finalised on October 7th 2025, with the transfer of ownership taking effect the same evening.

From heritage to horizon: A new chapter for Paul Boyé and NFM Group

Founded in 1904, Paul Boyé supplies protective and operational systems to armed forces, law enfor

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