Beretta Holding Signs a Binding Agreement to Acquire RUAG Ammotec

Beretta Holding continues its streak of acquisitions and consolidation on the market. After years of work in this direction, and months of rumors in the market, the Holding can officialize the first step of full acquisition of the Swiss ammunition manufacturer RUAG Ammotec.

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Palmetto State Armory Parent Company JJE to Acquire Nodak Spud

On 12/16/2021, Palmetto State Armory Announced in its Industry Forum on AR15.com that its parent company JJE will acquire Nodak Spud LLC and make it a subsidiary of Harrington & Richardson. H&R is a well-known name in the firearms industry not only for its revolvers and sporting arms but also for being the largest contractor for M14 rifles and one of only four contractors for the M16A1 during the Vietnam war.

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GSM Outdoors Acquires Knife Brand Cold Steel

Cold Steel is one of the most famous modern American knife brands. In its 40 years of history, it has brought to market a great deal of iconic designs. Founded in 1980 in California by Lynn C. Thompson, the company has always been owned by the founder, who over the years proved himself both as a talented designer as well as as an innovative and outspoken marketer. Now, for the first time, Cold Steel is changing hands.

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Lyman Acquires Mark 7 Reloading

Lyman has published a press release announcing the acquisition of  Mark 7 Reloading ammunition reloading equipment manufacturing company. Here is Lyman’s press release in full:

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Gonna Compete in ICSR? The Army Will Help You Get Ammo

Manufacturers who are gearing up for the US Army’s Interim Combat Service Rifle competition better know where to get their ammo for testing, and the Army is ready to help. The US Army is facilitating the procurement of 7.62mm M80A1 ammunition to competitors for testing purposes, according to a new amendment to the ICSR solicitation. The amendment states that contractors can procure ammunition from either Orbital ATK (who operates Lake City Army Ammunition Plant), or Olin-Winchester. The process is described in the handy dandy flowchart below:

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