Billionaire Michal Strnad’s Czechoslovak Group Expanding Global Arms and Ammunition Business, Acquires Prestigious Italian Firearms Manufacturer

Billionaire Michal Strnad’s Czechoslovak Group Expanding Global Arms and Ammunition Business, Acquires Prestigious Italian Firearms Manufacturer

Billionaire Michal Strnad’s Czechoslovak Group (CSG) is enjoying booming global demand for arms and ammunition. The holding announced in a short period of time the conclusion of a contract for the purchase of two important foreign manufacturers of ammunition. In total, the group invests tens of billions of crowns. CSG has grown into an international … Read more

CSG Holding’s Acquisition of Vista Outdoor Expands Ammunition Production, Becoming One of the World’s Top Manufacturers

CSG Holding’s Acquisition of Vista Outdoor Expands Ammunition Production, Becoming One of the World’s Top Manufacturers

Its completion is subject to the approval of Vista Outdoor’s shareholders and regulators in the US and other national markets where both companies operate. This should happen during the next year. “The transaction fulfills our strategy to expand in the key pillars of CSG’s business, which includes ammunition production,” commented Strnad, adding that this is … Read more