Colt CZ buys 100% of S&B

[Mark357]

CZ signed an agreement with CBC Europe S.à r.l., the parent company of Sellier & Bellot a.s.: it will acquire 100% of shares of the Czech firearms ammunition manufacturer for the amount of $350 million and a new issue of Colt CZ common stock. The transaction is subject to regulatory approval in various countries and is expected to close in the first half of 2024.

https://www.all4shooters.com/en/shoo...colt-cz-group/

[oafpatroll]

The CZ holding company really is on the march. There's a delicious irony for me in them having acquired Colt who stiffed them on the CZ40 deal.

[MSW2]

Now they just need to make the holes bigger...

[Dick]

It could mean that reloading components could get scarcer in SA. Most components available in recent years have been European, S&B being a significant one. I think we can expect that the insatiable US market will soak up S&B especially in view of US supply to Ukraine and Israel.