Colt CZ Group Buys S&B

[Kirk Freeman]

Colt CZ buying Sellier & Bellot ammunition from CBC Europe in an equity exchange.

Colt CZ Group Acquires Ammunition Manufacturer Sellier & Bellot -

The Colt CZ Group has announced a deal to acquire Czech ammunition manufacturer Sellier & Bellot. The deal is worth more than $350 million.

www.thefirearmblog.com

 

[Kirk Freeman]

CBC Europe for those interested: https://www.cbc-europe.com/index.php/en/

 

[mcapo]

Implications to the American consumer? Long run - short run?

Seems neutral to me but I don’t know much.

 

[Dr.Midnight]

Implications to the American consumer? Long run - short run?

Seems neutral to me but I don’t know much.

I don't know that answer. CZ did seem to breathe some life into Colt, so I'm curios what their impact will be on ammunition.

 

[NyleRN]

The Czech's are buying up all they can

 

[NyleRN]

Implications to the American consumer? Long run - short run?

Seems neutral to me but I don’t know much.

I wonder if their government was involved somehow so that if get into war later they have an extra ammunition supply source in addition to PPU

 

[Brian's Surplus]

I wonder if their government was involved somehow so that if get into war later they have an extra ammunition supply source in addition to PPU

PPU is in Serbia.

CZ Colt has also made an offer for Vista about a month ago, in the middle of the deal with the Czechoslovak Group, whom they are apparently in competition with.

https://www.reuters.com/markets/deals/czech-gunmaker-colt-cz-makes-offer-vista-outdoor-2023-11-23/

If I remember correctly, the Czechoslovak Group also already owns Fiocchi.

"The market's view of the Czechoslovak Group transaction was clear in its reaction to the announcement, which resulted in the rapid fall in (Vista's) share price on October 16, 2023," Colt CZ said in a letter to Vista's board.

Lots of deals being made. Unfortunately, the trend seems to be overall consolidation and moving ownership out of the USA...

 

[indyblue]

Lots of deals being made. Unfortunately, the trend seems to be overall consolidation and moving ownership out of the USA...

So, the US continues sell off it’s sovereignty for a few $$.

 

[Basher]

So, the US continues sell off it’s sovereignty for a few $$.

Yes, lately several corporations that could be called upon in time of war to build our defenses (which we’re already kinda soft on after giving so many supplies away when we pulled out of the ME and to Ukraine) Gives you warm and fuzzies, don’t it?