FOREIGN OWNERSHIP OF AMMO & FIREARMS
Received via email:
-------------------------------------------------
This post's purpose is only to inform.
-------------------------------------------------
Foreign companies now own, at least:
Photo from CSG website (cropped for size):
-------------------------------------------------Here are links I found of recent news concerning the topic:
1) Vista Outdoor sells CCI, Federal, HEVI-Shot, Remington and Speer to Czechoslovak Group (CSG), a Czechoslovakian company:
(CSG also owns MANY other, unrelated, companies, including Prague Fertility Centre) (https://czechoslovakgroup.cz/companies):
2) Fiocchi sold 70% of its company to same Czechoslovak Group company (CSG) as did Vista Outdoors (11/22):
3) Explosion at Hornady:
(The size of the explosion is unclear as is if/how this will impact production, but it highlights how critical the remaining American-owned ammo makers are.)
4) Palmetto State Armory (South Carolina-based company) making America's Ammunition Company (AAC) ammo:
5) Russian Ammo Ban (2021):
6) Colt and Dan Wesson sold to Česká zbrojovka Group (...April 2022...changed its name...to Colt CZ..."):
"In May 2021, the Group acquired a 100% stake in Colt Holding Company LLC, the parent company of the US arms manufacturer Colt, as well as its Canadian subsidiary Colt Canada."
7) Colt CZ buys Swiss ammo company:
8) About Colt CZ:
"Its products are marketed and sold mainly under the Colt, CZ (Česká zbrojovka), Colt Canada, CZ-USA, Dan Wesson and 4M Systems brands. The Group includes companies such as Colt, Česká zbrojovka, Colt Canada, CZ-USA, 4M Systems, Spuhr i Dalby, swissAA and Colt CZ Defence Solutions.
In October 2020, the Group completed public offering of its shares on the Prague Stock Exchange. In May 2021, the Group acquired a 100% stake in Colt Holding Company LLC, the parent company of the US arms manufacturer Colt, as well as its Canadian subsidiary Colt Canada.
In April 2022, the Group changed its name from CZG - Česká zbrojovka Group SE to Colt CZ Group SE to reflect the expansion and integration of the Group and to emphasize the importance of both key brands, Colt and CZ (Česká zbrojovka).
Colt CZ Group is headquartered in the Czech Republic and employs more than 2,000 people in its production facilities in the Czech Republic, the United States, Canada, Sweden, Switzerland, and Hungary. Colt CZ is owned by Česká zbrojovka Partners SE from 76.2%, with the remaining 23.8% being a free float."
Comments
Post a Comment