The Fiocchi Group, a manufacturer of small-caliber ammunition, which is majority-owned by the industrial-technology group CSG, has a new CEO. David Štěpán, CSG's Investment Director for Foreign Projects, who temporarily managed the Fiocchi Group in the first year after the acquisition, is being replaced by Paolo Salvato.
David is the founder and owner of optics expert LEAPERS, INC., including its brands UTG and Integrix and has been in the business for more than 30 years.
Czech CSG Group, the global industrial-technology company owned by Czech entrepreneur Michal Strnad, announces the purchase of the majority stake in the Italian, family-owned Armi Perazzi S.p.A., manufacturer of high-quality shotguns for sport shooters and elite hunters.
Vista Outdoor Inc. (NYSE: VSTO) announces that its Board of Directors (the “Vista Outdoor Board”), following consultation with its financial and legal advisors, has rejected what it descibes as "the unsolicited proposal" received on November 22, 2023 from Colt CZ Group SE (“Colt CZ”) to combine Colt CZ and Vista Outdoor (the “Colt CZ Proposal”).
Lighting experts, Streamlight®, has introduced the ProTac® Rail Mount HL-X Pro gun-mounted light, providing up to 1,000 lumens, 50,000 candela, and an extreme beam reach of 447 metres.