Reuters is reporting “For Czech gun maker CZG-Ceska Zbrojovka Group, its recent acquisition of the Colt brand carries both the potential to become a major player in the global firearms market and the challenge of reviving the fortunes of a fabled U.S. name.”
Interesting piece. One of the biggest takeaways is this quote:
“Colt is an important step in realizing our vision of getting to 1 billion (euros) in revenue by the end of 2025,” CZG’s Chairman Jan Drahota told Reuters in an interview at the company’s Prague headquarters. “We … will be thinking how to make sure the brand is even bigger than it is now and introduce it to wider (markets).
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