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Blog — Colt Acquisition

CZG Completes Colt Acquisition

Colt Acquisition CZG

CZG Completes Colt Acquisition

West Hartford, CT – Colt Holding Company LLC (“Colt”) announced Monday (May 24, 2021) that CZG – C?eska? zbrojovka Group SE (“CZG” or “the Group”; PSE: CZG), having secured all necessary regulatory approvals from the U.S. and Canadian authorities, has successfully closed its acquisition of 100% of the equity interest in Colt, the parent company of the U.S. firearms manufacturer, Colt’s Manufacturing Company LLC as well as its Canadian subsidiary, Colt Canada Corporation. CZG and Colt are confident that the merger will bring significant operational, commercial, and R&D synergies for the combined business, which generated pro-forma aggregated annual sales in...

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