Nammo annual report 2012

Page 33

Company organizational structure

Nammo AS

Nammo Inc. 100%

Nammo Canada Inc. 100%

Nammo NAD AS 90%

Nammo Lapua Oy 100%

Nammo Raufoss AS 100%

Nammo Australia Pty Ltd 100%

Nammo Sweden AB 100%

Nammo Buck GmbH 100%

Nammo Tactical Ammunition LLC 100% N2 Defense LLC 50% Nammo Demil LLC 100% Nammo Talley Inc. 100%

Nammo Germany GmbH 100% Nammo Artillery Center Oy 100% Nordic Distribution Oy 100%

Nammo Bakelittfabrikken AS 100%

Nammo Van채sverken AB 100% Nammo Ving책kersverken AB 100% Nammo Demil Division AB 100% Nammo LIAB AB 100%

Nammo Composite Solutions LLC 100%

Lapua GmbH 100%

Nammo MTH SA 100%

SN Technology SA 50%

ND PressTec GmbH 65%

29

Nammo aNNual RepoRt


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