The Firearm Blog reports that "Colt CZ Group Acquires Ammunition Manufacturer Sellier & Bellot." From the lede:
The Colt CZ Group has announced a deal to acquire Czech ammunition manufacturer Sellier & Bellot. This marks Colt CZ Group’s latest acquisition and their continued expansion in the small arms sector. The deal is worth more than $350 million and sees Colt CZ Group acquire the ammunition manufacturer in full while Sellier & Bellot’s parent company CBC Europe will take a 27% stake in Colt CZ Group.
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