February 16th, 2021

CZ Acquires Colt’s Manufacturing Co. LLC and Colt Canada Corp.

Colt Manufacturing LLC CZ acquires gun maker

Colt Manufacturing LLC, the legendary American gun-maker, is being sold to CZ, the Czech firearms manufacturer. Česká zbrojovka Group SE (“CZG”) has signed an agreement to acquire 100% of the outstanding equity in Colt Holding Company LLC (“Colt”), the parent of U.S. firearms manufacturer Colt’s Manufacturing Company LLC as well as its Canadian subsidiary, Colt Canada Corporation.

CZG will acquire a 100% stake in Colt for $220 million in cash plus 1,098,620 shares of newly-issued CZG common stock. The deal will close in Q2 2021. After the merger, the combined group will become a global gun-making powerhouse with revenues in excess of $600 million USD.

Colt Manufacturing LLC CZ acquires gun maker

CZG President/Chairman Lubomír Kovařík stated: “This merger is a strategic step for both companies. The acquisition of Colt, an iconic brand and a benchmark for the military, law enforcement and commercial markets globally, fits perfectly in our strategy to become the leader in the firearms manufacturing industry and a key partner for the armed forces. We are proud to include Colt, which has stood shoulder-to-shoulder with the U.S. Army for over 175 years, in our portfolio. We believe in the successful connection of our corporate cultures, the proven track record of the current management team and the complementary nature of the CZ and Colt brands.”

Colt Manufacturing LLC CZ acquires gun maker

Dennis Veilleux, President/CEO of Colt, agreed: Having completed a historic turn-around of the operations and financial performance at Colt over the past five years, this important next step with CZG positions the company to take advantage of significant growth opportunities. We are excited to join forces with CZG which will be a powerful combination for both brands and for our customers.”

With this strategic move, CZG will acquire significant production capacity in the United States and Canada and substantially expand its global customer base. Colt is a traditional supplier to global military and law enforcement customers. Colt is a long-term supplier to the U.S. Army and, through its Canadian subsidiary, Colt is a designated exclusive supplier of AR-type small arms to the Canadian military.

About Colt’s Manufacturing Company LLC

Colt’s Manufacturing Company, LLC (formerly Colt’s Patent Firearms Manufacturing Company) is an American firearms manufacturer founded in 1855 by Samuel Colt. It is the successor corporation to Samuel Colt’s earlier firearms-making efforts started in 1836. For over 175 years, Colt Mfg. has supplied civilian, military and law enforcement customers in the U.S. and throughout the world.

Colt Manufacturing LLC CZ acquires gun maker

Colt is a supplier to the U.S. military, a primary supplier to the Canadian military* and it also supplies its products to other armed forces around the world. Colt firearms enjoy a reputation throughout the world for accuracy and quality. Colt pistols are carried by military and law enforcement personnel in numerous countries, and Colt handguns are popular with private gunowners throughout the world. In 2020 Colt released a new version of its vaunted .357 Magnum Python Revolver.

About CZG – Česká zbrojovka Group SE

Česká zbrojovka Group SE (CZG), together with its subsidiaries, is one of the leading European producers of firearms for military and law enforcement, personal defense, hunting, sport shooting and other civilian use. CZG markets and sells its products mainly under the CZ (Česká zbrojovka), CZ-USA, Dan Wesson, Brno Rifles and 4M Systems brands. CZG’s subsidiaries include Česká zbrojovka, CZ-USA, 4M Systems and CZ Export Praha. CZG owns a minority stake in Spuhr i Dalby, a Swedish manufacturer of optical mounting solutions for weapons.

Colt Manufacturing LLC CZ acquires gun maker

Headquartered in the Czech Republic, CZG has production facilities in the Czech Republic and in the USA. CZG employs around 1,650 people in the Czech Republic, the USA and Germany.

*Colt Canada is an exclusive supplier of primary issue rifles for the Canadian military. Cadex and PGW Defense supply some bolt-action and sniper-type rifles.

Permalink Gunsmithing, Handguns, News 2 Comments »
February 16th, 2021

Reloading Rescue — How to Remove a Case Stuck in a Die

stuck72

Western powders, ramshot, norma, accurate

To err is human… Sooner or later you’ll probably get a case stuck in a die. This “fix-it” article, which originally appeared in the Western Powders Blog, explains how to remove a firmly stuck cartridge case using an RCBS kit. This isn’t rocket science, but you do want to follow the directions carefully, step-by-step. Visit the Western Powders Blog for other helpful Tech Tips.

Curing the Stuck Case Blues

decapstem72Sticking a case in the sizer die is a rite of passage for the beginning handloader. If you haven’t done it yet, that’s great, but it probably will eventually happen. When it does, fixing the problem requires a bit of ingenuity or a nice little kit like the one we got from RCBS.

The first step is to clear the de-capping pin from the flash hole. Just unscrew the de-capping assembly to move it as far as possible from the primer pocket and flash hole (photo at right). Don’t try to pull it all the way out. It won’t come. Just unscrew it and open as much space as possible inside the case.

Place the die upside down in the padded jaws of a vise and clamp it firmly into place. Using the supplied #7 bit, drill through the primer pocket. Be careful not to go too deeply inside the cartridge once the hole has opened up. It is important to be aware that the de-capping pin and expander ball are still in there and can be damaged by the bit.

Drill and Tap the Stuck Case
taping72drilling72

Once the cartridge head has been drilled, a ¼ – 20 is tap is used to cut threads into the pocket. Brass is relatively soft compared to a hardened tap, so no lube is needed for the tapping process. RCBS says that a drill can be used for this step, but it seems like a bit of overkill in a project of this nature. A wrench (photo above right) makes short work of the project.

RCBS supplies a part they call the “Stuck Case Remover Body” for the next step. If you are a do-it-yourselfer and have the bit and tap, this piece is easily replicated by a length of electrical conduit of the proper diameter and some washers. In either case, this tool provides a standoff for the screw that will do the actual pulling.

pulling72fingers72

With an Allen Wrench, Finish the Job
Run the screw through the standoff and into the tapped case head. With a wrench, tighten the screw which hopefully pulls the case free. Once the case is free, clamp the case in a vice and pull it free of the de-capping pin. There is tension here because the sizing ball is oversized to the neck dimension as part of the sizing process. It doesn’t take much force, but be aware there is still this last little hurdle to clear before you get back to loading. Don’t feel bad, everyone does this. Just use more lube next time!

wholekit72unstuck72

Article find by EdLongrange. We welcome reader submissions.
Permalink - Articles, Bullets, Brass, Ammo, Tech Tip 2 Comments »
February 16th, 2021

Save Money with Brownells 2021 Discount Codes

Brownells coupon shopping discount code June 2018

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