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Sale of RUAG Ammotec USA Inc. to Umarex

Category: Defence Industry

RUAG Ammotec Deutschland GmbH has sold its US subsidiary to the Umarex group of companies.

This distributor specializes in the sale of high-quality airguns and airgun ammunition under the RWS brand, and is a market leader in this segment. RUAG Ammotec will continue to sell its products for the airgun pellet market - bearing the RWS label - via Umarex in North America. In the airgun segment, Umarex will use the RWS brand under a licence agreement. The two manufacturers expect the cooperation to generate significantly greater opportunities and synergies on the North American market.

RUAG
29.03.2006

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