Colt CZ just bought out Sellier Bellot

[mrcabinet]

Well, let's look at some numbers. CZ group's net profit for the 1st quarter of this year was just under $24 million. That's after interest, taxes, deductions, etc. The report says that the deal was made with cash on hand, supplemented by financing, and CZ stock. So at that level of net profit, even if they had to finance the whole amount, they could pay it off in about 3 1/2 years just with the current CZ cash flow. Now factor in the profits from S&B, and it's really not bad at all. That is, of course, if their profitability runs at approximately the same rate.

The real winner here is CBC Europe. $350 mil. in their pocket, 27% stock holding in a profitable firearms conglomerate and, if I read it correctly, their MagTech division will still be the US distributor for S&B. Big win, for sure.

[david s]

Funny, the world hasn't ended after continual cry of the "The End is Nigh" loonies....

Didn't Al Gore have an early book (~1975) predicting the end of everything because we ran out of oil ?

                                                                                                                                                                           
                                                                                                                                                                           
Lived in New Jersey during the "gas crisis" of the 1970s and moved to Wisconsin for a couple of years of high school in 1975. During the gas crisis the world was supposed to totally run out of gas by the year 2000 and in the second half of the 1970s the local newspaper in Wisconsin the Milwaukee Sentinel/Journal generally ran a story about once a week on how the next ice age had begun. Anyone remember the hole in the ozone layer of the early 1990's? Never forget that all the fear mongering by the press is to get you to tune in for the advertising, the more viewers the more product gets sold and the higher the stations advertising rates go. Very rarely is it actually new it's the equivalent of what's now called 'Click Bait" and nothing more. I'm going food shopping this evening where if I'm to believe the news I should be tarred and feathered if I use plastic bags, even though in third grade we were told you should only use plastic bags and not paper bags that way we could save the all the trees. Ah the early 1970's... the good old days? To stay on topic, I'm still not too keen on CZ acquiring Colt and apparently allowing Colts management to run the show here. But then again, it's not like CZ/Colt asked my opinion in the first place and I'm pretty sure most people here know the value of an unsolicited opinion.                                                                                                                                   

[crosstimbers]

Lived in New Jersey during the "gas crisis" of the 1970s and moved to Wisconsin for a couple of years of high school in 1975. During the gas crisis the world was supposed to totally run out of gas by the year 2000 and in the second half of the 1970s the local newspaper in Wisconsin the Milwaukee Sentinel/Journal generally ran a story about once a week on how the next ice age had begun. Anyone remember the hole in the ozone layer of the early 1990's? Never forget that all the fear mongering by the press is to get you to tune in for the advertising, the more viewers the more product gets sold and the higher the stations advertising rates go. Very rarely is it actually new it's the equivalent of what's now called 'Click Bait" and nothing more. I'm going food shopping this evening where if I'm to believe the news I should be tarred and feathered if I use plastic bags, even though in third grade we were told you should only use plastic bags and not paper bags that way we could save the all the trees. Ah the early 1970's... the good old days? To stay on topic, I'm still not too keen on CZ acquiring Colt and apparently allowing Colts management to run the show here. But then again, it's not like CZ/Colt asked my opinion in the first place and I'm pretty sure most people here know the value of an unsolicited opinion.                                                                                                                                   

I remember the gas lines of the late 70s, when absolutely nobody- and I do mean no one, actually thought the "energy crisis" was due to a shortage of anything.

I wont scoff at any proven point, and if I lean a tad left about anything at all- it would be the environment. BUT- almost everything I see today appears to be much more political than scientific when it comes to global warming and those who howl about people ignoring the "science" are as much to blame for allowing questionable hoohaw to be represented as science. Ok, need to shut up I'm getting out of line...

Thing is, the issue of CZ's buying up so many other firms isn't alarmist in the least. It's conversation-worthy subject matter 100%. There is no "chicken little" aspect to it whatsoever.  So....one has to ask what gives?

[MeatAxe]

Buy your guns and spares (guns and parts) now guys.

Got my spare P01 Omega, spare P09, spare P07.  Might need to look for a spare CZ75B .40 though.  Hmm.

Where the heck are they getting all that money?

Get them now, before the “braintrust” at COLT-cz drops the entire CZ75 line in favor of cheap plastique Glock clones.

[SI VIS PACEM PARRABELLUM]

The oil embargo which was actually 1973-74 and the the issues that caused along with the rattling of the climate alarmists then and now are interesting subjects to be sure. The Oil embargo of those days is a supreme example of why we should have been producing all our energy here at home just as we should be doing today and are not. Those who fail to heed history really are destined to repeat it.
Thing is none of that is a good parallel for what is going on with CZ and Colt. I see CZ/Colt and I think of the rise and fall of The Outboard Marine Corporation. Anyone interested in that comparison can look up and see how they spent too much time "acquiring" over the years and in the end it brought them down along with other issues.   I actually hoped CZ would be taking the reins and guiding the lame horse in a better direction but it appears Colt is turning CZ into a gelding. The fact is CZ used to have possibly the best CS dept. of anyone bar none but allowing Colt to run the show has wrecked that and this is a fact.
Parts that were normally readily available from CZ are long out of stock and overdue and we're too far removed from it now to keep blaming the plandemic.
Colt has no vision for new products and is only hindering CZ at this point. They appear to be on a buying spree in some attempt at becoming a juggernaut yet they have not got the rest of the company in order. The value of good customer service is priceless and they've got alot of fixing to do.

[armoredman]

Everybody relax. CZ and S&B have had close relations for MANY years, as in all CZ pistols are test fired with S&B ammo. It is only sensible that CZUB and S&B would get together in one way or another. Remember, Colt-CZ Group is NOT the one in complete charge, that's the overall company of what was called CZ-UB, the parent Czech company. Colt CZ is CZ-USA, Colt, Dan Wesson,  and Colt Canada. So, the sky is not falling, and it might mean that buying a CZ product MIGHT get you an S&B ammo discount somewhere, just wondering out loud.
I will say S&B primer pockets in 9mm are TIGHT for reloading...

[crc4]

Everybody relax. CZ and S&B have had close relations for MANY years, as in all CZ pistols are test fired with S&B ammo. It is only sensible that CZUB and S&B would get together in one way or another. Remember, Colt-CZ Group is NOT the one in complete charge, that's the overall company of what was called CZ-UB, the parent Czech company. Colt CZ is CZ-USA, Colt, Dan Wesson,  and Colt Canada. So, the sky is not falling, and it might mean that buying a CZ product MIGHT get you an S&B ammo discount somewhere, just wondering out loud.
I will say S&B primer pockets in 9mm are TIGHT for reloading...

Everybody relax? Not for some, though I do expect Colt-CZ to be blamed for someone getting coal in their stockings. Merry Christmas and remember to hit the gun stores Tuesday to buy out the remaining stock of CZs.

[SI VIS PACEM PARRABELLUM]

Everybody relax. CZ and S&B have had close relations for MANY years, as in all CZ pistols are test fired with S&B ammo. It is only sensible that CZUB and S&B would get together in one way or another. Remember, Colt-CZ Group is NOT the one in complete charge, that's the overall company of what was called CZ-UB, the parent Czech company. Colt CZ is CZ-USA, Colt, Dan Wesson,  and Colt Canada. So, the sky is not falling, and it might mean that buying a CZ product MIGHT get you an S&B ammo discount somewhere, just wondering out loud.
I will say S&B primer pockets in 9mm are TIGHT for reloading...

Everybody relax? Not for some, though I do expect Colt-CZ to be blamed for someone getting coal in their stockings. Merry Christmas and remember to hit the gun stores Tuesday to buy out the remaining stock of CZs.

I get it you like Colt. That's cool. I remember a story about a dude up in Wisconsin some years back who got busted because he had a thing for horses. To each his own.

[MeatAxe]

Everybody relax. CZ and S&B have had close relations for MANY years, as in all CZ pistols are test fired with S&B ammo. It is only sensible that CZUB and S&B would get together in one way or another. Remember, Colt-CZ Group is NOT the one in complete charge, that's the overall company of what was called CZ-UB, the parent Czech company. Colt CZ is CZ-USA, Colt, Dan Wesson,  and Colt Canada. So, the sky is not falling, and it might mean that buying a CZ product MIGHT get you an S&B ammo discount somewhere, just wondering out loud.
I will say S&B primer pockets in 9mm are TIGHT for reloading...

CZ acquiring SB doesn’t bother me because guns and ammo go together. That actually makes sense.

What’s troubling is that the SB deal comes right on top of COLT-cz offering $1.75 Billion for Vista Outdoors, which is a conglomeration many unrelated sporting goods manufacturers interspersed with a few firearms accessories companies. Remington went belly up trying to manage that gaggle, what makes a failure of a management team like Colt think they can succeed, other than MBA hubris?

Also, according to what I’m seeing, CZ-UB is now owned by the COLT-cz Group, not vice versa. So injecting a bunch of habitually bankrupt Colt management into this company is a cause of concern.

[armoredman]

This is getting out of hand. Chill pill time.