Colt CZ Group
Czech holding company
From Wikipedia, the free encyclopedia
Colt CZ Group SE (formerly Česká zbrojovka Group – CZG) is a European firearms and related industries holding company, based in Prague, Czech Republic.[4] Its principal firearms brands are Česká zbrojovka, CZ-USA, and Colt.
| |
| Company type | Societas Europaea |
|---|---|
| PSE: CZG | |
| ISIN | CZ0009008942 |
| Industry | Firearms |
| Founded | 10 January 2013 |
| Headquarters | , Czech Republic |
Key people | Radek Musil (Vice-Chairman of the board)[1] |
| Products | Firearms |
| Brands | Česká zbrojovka Colt Colt Canada SwissAA CZ-USA Spuhr i Dalby AB Dan Wesson Firearms 4M Systems Zbrojovka Brno Colt CZ Defence Solutions EG-CZ Academy Colt CZ Hungary Cardam Vibrom[2] Sellier & Bellot |
| Revenue | 10,69 CZK billion (2021) US$492.809 million |
| 1,0 CZK billion (2021) 1,1 CZK billion (2020) | |
| 760,5 CZK million (2021) 676,6 CZK million (2020) | |
| Total assets | 17 CZK billion (2021) 8,8 CZK billion (2020) |
| Owner | Česká zbrojovka Partners SE 51,8% free float 26,4% CBC 21,8%[3] |
Number of employees | approx. 4,000 (2025) 2,196 (2021) 1,673 (2020) |
| Subsidiaries | Česká zbrojovka Uherský Brod Colt Holding Corporation CZ Export CZ-AUTO CZ - AUTO Systems 4M Systems Sellier & Bellot |
| Website | www |
History
In June 2020, the holding company listed its shares on the Prague Stock Exchange, hoping to fund an expansion into the United States.[5] The first trading took place in September of the same year.[6][7]
On 11 February 2021 the company announced the acquisition of the Colt Holding Company (the parent company to Colt's Manufacturing Company) for $220 million, enabling further expansion into the U.S. market.[8][9] Česká zbrojovka Group completed the purchase on 24 May 2021 and renamed itself Colt CZ Group SE on 12 April 2022.[10][11]
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.[12]
On December 18, 2023 CZ Group SE announced it had reached an agreement with Companhia Brasileira de Cartuchos (CBC Europe) to purchase 100% interest in Sellier & Bellot.[13]
On January 3, 2024, Colt CZ Group acquired ownership of the Mk 47 Striker 40mm Advanced Lightweight Grenade Launcher system from General Dynamics Ordnance and Tactical Systems (GD-OTS).[14]
On July 16, 2024, the Governments of Ukraine 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 rifles are assembled.[15][16]
See also
- Colt Canada - Canadian arm of Colt acquired as Diemaco (founded in 1974) in 2000.