Colt CZ Group SE (formerly Česká zbrojovka Group – CZG) is a
Czech
Czech may refer to:
* Anything from or related to the Czech Republic, a country in Europe
** Czech language
** Czechs, the people of the area
** Czech culture
** Czech cuisine
* One of three mythical brothers, Lech, Czech, and Rus
*Czech (surnam ...
firearms and related industries holding company, based in
Prague
Prague ( ; ) is the capital and List of cities and towns in the Czech Republic, largest city of the Czech Republic and the historical capital of Bohemia. Prague, located on the Vltava River, has a population of about 1.4 million, while its P ...
. Its principal firearms brands are
Česká zbrojovka,
CZ-USA, and
Colt.
History
In June 2020, the holding company listed its shares on the
Prague Stock Exchange
Prague Stock Exchange (PSE; ) is the largest and oldest securities market organizer in the Czech Republic. It is a 99.54 percent-owned subsidiary of Wiener Börse AG.
PSE and its subsidiaries comprise the PX group. In addition to the Stock Exch ...
, hoping to fund an expansion into the United States. The first trading took place in September of the same year.
On 11 February 2021 the company announced the acquisition of the Colt Holding Company (the parent company to
Colt's Manufacturing Company
Colt's Manufacturing Company, LLC (CMC, formerly Colt's Patent Firearms Manufacturing Company) is an American firearms manufacturer, founded in 1855 by Samuel Colt that has become a subsidiary of Czech holding company Colt CZ Group. It is th ...
) for $220 million, enabling further expansion into the U.S. market. Česká zbrojovka Group completed the purchase on 24 May 2021 and renamed itself Colt CZ Group SE on 12 April 2022.
The company's dividend policy estimates the level of shareholder payout as a third of the company's net profit. In 2020 this constituted a payment of CZK 7.50 per single share, increasing to CZK 25 per s/s in 2021.
On December 18, 2023 CZ Group SE announced it had reached an agreement with
Companhia Brasileira de Cartuchos
Companhia Brasileira de Cartuchos (CBC) is a Brazilian ammunition and weapons factory based in Ribeirão Pires, São Paulo, Brazil.
Company profile
World leader in ammunition for portable weapons and one of the main suppliers to NATO, CBC i ...
(CBC Europe) to purchase 100% interest in
Sellier & Bellot
Sellier & Bellot is a firearms ammunition manufacturer situated in Vlašim, Czech Republic. It is a subsidiary of the Czech company Colt CZ Group. It has been manufacturing products bearing its trademark uninterrupted since 1825, making it one ...
.
On January 3, 2024, Colt CZ Group acquired ownership of the
Mk 47 Striker
The Mk 47 or Striker 40 is a 40mm automatic grenade launcher with an integrated fire control system, capable of launching smart programmable 40mm air burst grenades in addition to various unguided rounds.
In addition to being able to fire all N ...
40mm Advanced Lightweight Grenade Launcher system from
General Dynamics Ordnance and Tactical Systems
General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth largest defense contractor in the world by arms sales and fifth largest in the Unit ...
(GD-OTS).
On July 16, 2024, the Governments of
Ukraine
Ukraine is a country in Eastern Europe. It is the List of European countries by area, second-largest country in Europe after Russia, which Russia–Ukraine border, borders it to the east and northeast. Ukraine also borders Belarus to the nor ...
and the Czech Republic signed two agreements on the joint production of weapons.
Česká zbrojovka will supply Ukraine with all the parts from which the
CZ BREN 2
The CZ 805 BREN is a gas-operated modular assault rifle designed and manufactured by Česká zbrojovka Uherský Brod. The modular design enables users to change the calibre of the weapon to 5.56×45mm NATO or 7.62×39mm intermediate cartridges b ...
rifles are assembled.
See also
*
Colt Canada
Colt Canada (formerly called Diemaco), located in Kitchener, Ontario, Canada, is one of a group of companies owned by Colt CZ Group SE, based in Prague, Czech Republic.
The facility produces small arms for the Canadian Armed Forces, Canadian ...
- Canadian arm of Colt acquired as
Diemaco
Diemaco was a Canadian defence company based in Kitchener, Ontario
Kitchener is a city in the Canadian province of Ontario, about west of Toronto. It is one of three cities that make up the Regional Municipality of Waterloo and is the region ...
(founded in 1974) in 2000.
References
External links
*
{{Colt CZ Group
Firearm manufacturers of the Czech Republic
2021 mergers and acquisitions
Manufacturing companies based in Prague
Czech companies established in 2013
Manufacturing companies established in 2013
Societas Europaea companies