Colt CZ Group

Colt CZ Group SE (formerly Česká zbrojovka Group - CZG) is a holding company for the Czech firearms and related industries, which is based in Prague, Czech Republic.[5] Its principal firearms brands are Česká zbrojovka (CZUB) and Colt.

Colt CZ Group SE
TypeSocietas Europaea
ISINCZ0009008942
IndustryFirearms, automotive
FoundedJanuary 10, 2013 (2013-01-10)
Headquarters
Prague
,
Czech Republic
Key people
Lubomír Kovařík (Chairman and President)[1]
ProductsFirearms, accessories, precise components for aircraft engines and automobiles
BrandsČeská zbrojovka
Zbrojovka Brno
Colt
Dan Wesson Firearms
4M Systems[2]
OwnerČeská zbrojovka Partners SE[3]
Number of employees
1625[4]
SubsidiariesČeská zbrojovka Uherský Brod
Colt Holding Corporation
CZ Export
CZ-AUTO
CZ - AUTO Systems
4M Systems
Websitewww.czg.cz

In June 2020, the holding company listed its shares on the Prague Stock Exchange for funding to expand CZ-USA in the United States.[6] The first trading took place in September of the same year.[7][8]

On 11 February 2021, the company announced that it would acquire the Colt Holding Company, parent company of the Colt's Manufacturing Company for $220 million and the Czech gunmaker expanded further in the U.S. market.[9][10] Česká zbrojovka Group said it had completed this acquisition on 24 May 2021.[11] On 12 April 2022 the company officially changed its name to Colt CZ Group SE to reflect this acquisition.[12]

References
  1. "About us - CZ Group". Česká zbrojovka Group. Retrieved 15 April 2020.
  2. "Brands - CZ Group". Česká zbrojovka Group. Retrieved 15 April 2020.
  3. "Czech gunmaker CZG's scaled-down IPO secures cash for U.S. plant". Reuters. 2 October 2020. Retrieved 2 October 2020.
  4. "Rekordní výnosy firmy Česká zbrojovka Group činí pět miliard korun". slovacky.denik.cz (in Czech). 24 November 2020. Retrieved 30 November 2020.
  5. "CZG - Česká zbrojovka Group SE , Praha IČO 29151961 - Obchodní rejstřík firem" (in Czech). Kurzy.cz. Retrieved 15 April 2020.
  6. "Shares of CZG – Česká zbrojovka Group SE will be listed on the Prague Stock Exchange" (Press release). Česká zbrojovka Group. 31 May 2020. Retrieved 31 May 2020.
  7. "Česká zbrojovka Group vstupuje na burzu". Investice.cz (in Czech). 18 September 2020. Retrieved 25 September 2020.
  8. "Česká zbrojovka Group nabízí akcie na burze. Za výnos postaví továrnu v USA". iDNES.cz (in Czech). 22 September 2020. Retrieved 25 September 2020.
  9. "Česká zbrojovka Group SE to acquire Colt" (Press release). Česká zbrojovka Group. 11 February 2021. Retrieved 11 February 2021.
  10. "Czech gunmaker CZG buys Colt in cash and stock deal". Reuters. 12 February 2021. Retrieved 13 February 2021.
  11. "Česká zbrojovka Group SE Announces Closing of the Acquisition of Colt" (Press release). Česká zbrojovka Group. 24 May 2021. Retrieved 24 May 2021.
  12. "CZG - Česká zbrojovka Group Has Changed Its Name to Colt CZ Group SE" (Press release). Colt CZ Group. 12 April 2022. Retrieved 21 April 2022.
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