Diemaco
Defunct Canadian defence company
From Wikipedia, the free encyclopedia
Diemaco was a Canadian defence company based in Kitchener, Ontario, that manufactured the C7 family of rifles under a licence from Colt.
| Company type | Private (division of Héroux-Devtek Inc.) |
|---|---|
| Industry | Defence |
| Founded | 1974 |
| Fate | Acquired |
| Successor | Colt Canada Corporation May 24, 2005 |
| Headquarters | , |
| Products | Firearms, weapons |
History
The company was formed in 1974 under Devtek Corporation,[1] effectively replacing the arms supply from government owned Canadian Arsenal Limited.
In 2000, it was acquired by Héroux-Devtek Inc.[2][3]
On May 20, 2005, it was acquired by Colt Defense for $18.2 million.[4] As a result, Héroux-Devtek revamped the Aerospace and Defense division to the Aerospace division.[5]
