2022-11-25 10:47:00

Czechoslovak Group acquired a majority share in Fiocchi Munizioni

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Benzinga
By Pr Newswire

Czechoslovak Group (CSG) announced the acquisition of a 70% stake in Fiocchi Munizioni, a global leader in premium and super premium small caliber ammunition. CSG will partner with the current shareholders, the Fiocchi family and Charme Capital Partners, each retaining a minority stake, to pursue the continued growth path envisaged for Fiocchi Munizioni over the coming years.

MILAN and PRAGUE, Nov. 25, 2022 /PRNewswire/ -- Founded in 1876 in Lecco, Italy, Fiocchi Munizioni designs, manufactures and sells premium and super-premium small caliber ammunition for shooting sports (brand of choice for top athletes, including Olympic games winners with 33 medals), hunting and law enforcement, under the iconic Fiocchi, Baschieri & Pellagri and Lyalvale global brands. Fiocchi Munizioni is one of the few global players with three fully vertically integrated industrial and commercial platforms in Italy, the US (where Fiocchi has been directly present for more than 40 years) and the UK. Fiocchi has a wide range of proprietary product and process technologies in critical areas, including rare primer production capabilities, developed through a continuous in-house proprietary innovation activity. Fiocchi Munizioni is expected to record consolidated revenues exceeding Euro 380 million in 2022 and employs more than 1.300 people worldwide.

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SportPress Release2022-11-25 10:47:00
Czechoslovak Group ( CSG ) announced the acquisition of a 70% stake in Fiocchi Munizioni, a global leader in premium and super premium small caliber...

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