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Thread: Colt CZ buys 100% of S&B
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18-12-2023, 22:57 #1
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Colt CZ buys 100% of S&B
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.
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