Colt CZ Group

Colt CZ Group
Company type	Societas Europaea
Traded as	PSE: CZG
ISIN	CZ0009008942
Industry	Firearms
Founded	10 January 2013; 11 years ago
Headquarters	Prague, Czech Republic
Key people	Jan Drahota (Chairman and President)
Products	Firearms
Brands	Česká zbrojovka; Colt; Dan Wesson Firearms; Zbrojovka Brno; 4M Systems; Sellier & Bellot
Revenue	10,69 CZK billion (2021) ; US$492.809 million
Operating income	1,0 CZK billion (2021); 1,1 CZK billion (2020)
Net income	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
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.coltczgroup.com

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]

References

^ "About us - CZ Group". Česká zbrojovka Group. Retrieved 15 April 2020.
^ "Brands - CZ Group". Česká zbrojovka Group. Retrieved 15 April 2020.
^ "Czech gunmaker CZG's scaled-down IPO secures cash for U.S. plant". Reuters. 2 October 2020. Retrieved 2 October 2020.
^ "CZG - Česká zbrojovka Group SE , Praha IČO 29151961 - Obchodní rejstřík firem" (in Czech). Kurzy.cz. Retrieved 15 April 2020.
^ "Shares of CZG – Česká zbrojovka Group SE will be listed on the Prague Stock Exchange" (Press release). Česká zbrojovka Group. 31 May 2020. Retrieved 31 May 2020.
^ "Česká zbrojovka Group vstupuje na burzu". Investice.cz (in Czech). 18 September 2020. Retrieved 25 September 2020.
^ "Česká zbrojovka Group nabízí akcie na burze. Za výnos postaví továrnu v USA". iDNES.cz (in Czech). 22 September 2020. Retrieved 25 September 2020.
^ "Česká zbrojovka Group SE to acquire Colt" (Press release). Česká zbrojovka Group. 11 February 2021. Retrieved 11 February 2021.
^ "Czech gunmaker CZG buys Colt in cash and stock deal". Reuters. 12 February 2021. Retrieved 13 February 2021.
^ "Česká zbrojovka Group SE Announces Closing of the Acquisition of Colt" (Press release). Česká zbrojovka Group. 24 May 2021. Retrieved 24 May 2021.
^ "CZG - Česká zbrojovka Group Has Changed Its Name to Colt CZ Group SE" (Press release). Colt CZ Group. 12 April 2022. Retrieved 21 April 2022.
^ "Colt CZ Group SE announces approval of dividend payment for the year 2021" (Press release). Colt CZ Group. 31 May 2022. Retrieved 29 December 2022.
^ https://www.coltczgroup.com/en/media-press-releases/colt-cz-group-se-acquires-traditional-czech-manufacturer-of-small-caliber-ammunition-sellier-bellot
^ https://www.coltczgroup.com/en/media-press-releases/colt-cz-group-se-acquires-the-mk-47-automatic-grenade-launcher-system-technology

External links

Official website

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[1] "About us - CZ Group". Česká zbrojovka Group. Retrieved 15 April 2020.

[2] "Brands - CZ Group". Česká zbrojovka Group. Retrieved 15 April 2020.

[3] "Czech gunmaker CZG's scaled-down IPO secures cash for U.S. plant". Reuters. 2 October 2020. Retrieved 2 October 2020.

[4] "CZG - Česká zbrojovka Group SE , Praha IČO 29151961 - Obchodní rejstřík firem" (in Czech). Kurzy.cz. Retrieved 15 April 2020.

[5] "Shares of CZG – Česká zbrojovka Group SE will be listed on the Prague Stock Exchange" (Press release). Česká zbrojovka Group. 31 May 2020. Retrieved 31 May 2020.

[6] "Česká zbrojovka Group vstupuje na burzu". Investice.cz (in Czech). 18 September 2020. Retrieved 25 September 2020.

[7] "Česká zbrojovka Group nabízí akcie na burze. Za výnos postaví továrnu v USA". iDNES.cz (in Czech). 22 September 2020. Retrieved 25 September 2020.

[8] "Česká zbrojovka Group SE to acquire Colt" (Press release). Česká zbrojovka Group. 11 February 2021. Retrieved 11 February 2021.

[9] "Czech gunmaker CZG buys Colt in cash and stock deal". Reuters. 12 February 2021. Retrieved 13 February 2021.

[10] "Česká zbrojovka Group SE Announces Closing of the Acquisition of Colt" (Press release). Česká zbrojovka Group. 24 May 2021. Retrieved 24 May 2021.

[11] "CZG - Česká zbrojovka Group Has Changed Its Name to Colt CZ Group SE" (Press release). Colt CZ Group. 12 April 2022. Retrieved 21 April 2022.

[12] "Colt CZ Group SE announces approval of dividend payment for the year 2021" (Press release). Colt CZ Group. 31 May 2022. Retrieved 29 December 2022.

[13] ttps://www.coltczgroup.com/en/media-press-releases/colt-cz-group-se-acquires-traditional-czech-manufacturer-of-small-caliber-ammunition-sellier-bellot

[14] ttps://www.coltczgroup.com/en/media-press-releases/colt-cz-group-se-acquires-the-mk-47-automatic-grenade-launcher-system-technology