Colt CZ Group SE Acquires Czech Ammunition Manufacturer Sellier & Bellot

Colt CZ Group SE (“Colt CZ”, the “Group” or the “Firm”) hereby proclaims that on December 18, 2023, it executed an settlement with CBC Europe S.à r.l. (“CBC”) to buy 100% curiosity in Sellier & Bellot a.s. (“Sellier & Bellot”).

Colt CZ shall purchase 100% of shares of Sellier & Bellot for the mix of the money consideration within the quantity of $350 million and a brand new situation of Colt CZ widespread inventory resulting in a 27–28% CBC’s stake within the share capital of Colt CZ Group publish transaction. The ultimate variety of CBC shareholding in Colt CZ Group will likely be decided relying on the audited monetary outcomes of each firms for the 12 months 2023. The acquisition will likely be financed by means of a mix of the Firm’s present money sources and debt financing. The transaction is topic to regulatory approval in numerous international locations and is predicted to shut within the first half of 2024.

“We’re proud to welcome one of many oldest and most vital producers of small caliber ammunition, Sellier & Bellot, to Colt CZ Group. This acquisition matches into our long-term technique to broaden not solely in our core section of small arms, but in addition in associated areas, with ammunition being a pure complement to our merchandise. We stay up for working with the administration of Sellier & Bellot, its staff, companions, and prospects, in addition to the brand new alternatives that the reference to Sellier & Bellot will undoubtedly convey to our whole Group,” mentioned Jan Drahota, CEO and Chairman of the Board of Administrators of Colt CZ Group. “We’re happy that CBC believes in our story and our technique and is to develop into the second largest shareholder of Colt CZ Group,” added Jan Drahota.

“The profitable contribution of considered one of CBC World Ammunition Group’s flagship firms to Colt CZ Group in alternate for a big shareholding marks the place to begin of an impactful strategic collaboration. We’re satisfied of Colt CZ administration’s long-term imaginative and prescient and imagine the transaction will result in exceptional worth creation between the ammunition and firearms segments. Our subsidiary Magtech Ammunition will proceed to function the devoted gross sales entity for Sellier & Bellot merchandise in the US. This ensures distinctive customer support and dependable distribution to additional protect Sellier & Bellot’s trajectory of development in essentially the most related ammunition market,” feedback Fabio Mazzaro, CFO of CBC World Ammunition LLC.

“I’m delighted that Sellier & Bellot, after many profitable years within the CBC Group, will develop into a part of Colt CZ Group, which has Czech roots and, on the identical time, a global presence. We’re satisfied that the reference to Colt CZ Group will convey a terrific future for Sellier & Bellot. We’ll proceed to construct our conventional model and work intently with the Colt CZ Group workforce in creating our merchandise to ship one of the best options to our prospects,” mentioned Radek Musil, CEO of Sellier & Bellot.

Sellier & Bellot is a conventional Czech ammunition producer which ranks among the many oldest engineering firms within the Czech Republic and worldwide. The corporate’s merchandise have been manufactured beneath its trademark since 1825. The corporate’s product portfolio consists of a variety of looking and sporting ammunition and parts for pistols and revolvers, rifles, shotguns and rimfire cartridges. Sellier & Bellot can also be a significant provider of small caliber ammunition to army and regulation enforcement prospects worldwide. The corporate has roughly 1,600 staff and operates its essential manufacturing facility in Vlašim, Czech Republic.

CBC World Ammunition LLC and CBC Europe S.à r.l. are the holding entities for a bunch of firms internationally energetic within the ammunition sector: CBC Brazil, Magtech Ammunition, MEN, SinterFire, New Lachaussée and Fritz Werner. Collectively, this strategic alliance types one of many largest ammunition firms on this planet, with a mixed expertise of greater than 300 years within the manufacturing of small and medium calibers.

About Colt CZ Group SE

Colt CZ Group (Colt CZ) is without doubt one of the main producers of firearms and ammunition for army and regulation enforcement, private protection, looking, sport capturing, and different business use. It markets and sells its merchandise primarily beneath the Colt, CZ (Česká zbrojovka), Colt Canada, CZ-USA, Dan Wesson, Spuhr, swissAA and 4M Methods manufacturers.

Colt CZ Group is headquartered within the Czech Republic and employs greater than 2,000 individuals in its manufacturing services within the Czech Republic, the US, Canada, Sweden, Switzerland, and Hungary. Colt CZ is owned by Česká zbrojovka Companions SE from 75.4%, with the remaining 24.6% being a free float.