Small arms and ammunition sector: Merger between Beretta and Ammotec cleared* The Bundeskartellamt has cleared the acquisition of ammunition specialist Ammotec by Beretta this week. Ammotec is a business division of the Swiss-based company RUAG International Holding AG. The acquirer Beretta Holding S.A. is an Italian manufacturer of firearms for a number of civilian, law enforcement and military
The German Competition Authority clears an acquisition transaction between two arms manufacturers (Beretta/ Ammotec)
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