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Company type | Societas Europaea |
---|---|
PSE: CZG | |
ISIN | CZ0009008942 |
Industry | Firearms |
Founded | 10 January 2013 |
Headquarters | , |
Key people | Jan Drahota (Chairman and President)[1] |
Products | Firearms |
Brands | Česká zbrojovka Colt Dan Wesson Firearms Zbrojovka Brno 4M Systems[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[3] |
Number of employees | 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 |
Colt CZ Group SE (formerly Česká zbrojovka Group - CZG) is a holding company for the Czech firearms and related industries group based in Prague, Czech Republic.[4] Its principal firearms brands are Česká zbrojovka (CZ), CZ-USA, and Colt.
In June 2020, the holding company listed its shares on the Prague Stock Exchange with a view of funding an expansion in the United States.[5] The first trading took place in September of the same year.[6][7]
On 11 February 2021 the European company announced the acquisition of the Colt Holding Company (the parent company to the Colt's Manufacturing Company from the US) 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 a payout to the shareholders at a third of the company's net profit. In 2020 this constituted a payment of CZK 7.50 per single share, considerably increasing to CZK 25 per s/s in 2021.[12]
On December 18, 2023 CZ Group SE announces that it executed an agreement with CBC Europe S.à r.l. to purchase 100% interest in Sellier & Bellot a.s.[13]
January 3, 2024 Colt CZ Group has 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 at a joint meeting in Prague. Česká zbrojovka will supply Ukraine with all the parts from which the CZ BREN 2 rifles are assembled.[15][16]