Colt CZ Group SE Announces Closing of the Acquisition of Valley Steel Stamp Inc.
Prague (June 17, 2025) ― Colt CZ Group SE (“Colt CZ”, the “Group” or the “Company”) is pleased to announce the closing of its acquisition of all outstanding shares of capital stock of New England Expert Technologies Corp., a Delaware corporation, which fully owns Valley Steel Stamp Inc. (“VSS”), a Massachusetts corporation. The transaction was completed on June 16, 2025, following the fulfillment of all pre-closing conditions, including approval from the Committee on Foreign Investment in the United States (CFIUS).
“The strategic rationale for the transaction is to achieve vertical integration in selected product categories. With this acquisition, Colt CZ Group gains control of a reputable, high-quality precision machining company, that serves as a key supplier of revolver frames, cylinders, spare parts, and other firearm components for the commercial market,” stated Radek Musil, CEO of Colt CZ Group. “The acquisition will also significantly strengthen the Group’s engineering and manufacturing capabilities located in the United States and is expected to improve profit margins for its commercial market products,” added Radek Musil.
The purchase price was USD 59.5 million, before adjustment for working capital and cash, and represents a multiple of 5.0x 2024 EBITDA of the company's firearms business. The full purchase price was paid at closing, with no earn-out provisions or non-cash components included in the transaction. The acquired company will be consolidated into Group’s financials as of June 16, 2025. The transaction was financed entirely with Company's existing cash resources.
VSS is a well-established manufacturer of firearm components and has been a long-term supplier to Colt CZ Group in the United States. Headquartered in Greenfield, Massachusetts, the company employs approximately 150 people. In 2024, VSS generated USD 44.3 million in revenue from its firearms operations. Following the acquisition, Valley Steel Stamp will continue to operate under its existing trade name. Operations unrelated to firearms production were excluded from the transaction and will continue independently under NE-XT, which will retain its trademark and brand name.
Mr. Steven K. Capshaw, the long-term co-owner and CEO of the acquired company, has joined the Group as CEO of Colt’s Manufacturing Company, effective June 16, 2025.
Radek Musil, CEO of Colt CZ Group, commented: “I am pleased to welcome Steve to the team. With his extensive and longstanding experience in firearms engineering and manufacturing, I’m confident he will play a key role in shaping our strategy for the U.S. commercial market. His leadership will be vital to launching new products and driving the next phase of growth for our U.S. operations.”
About Colt CZ Group SE
Colt CZ Group (Colt CZ) is one of the leading producers of firearms and ammunition for military and law enforcement, personal defense, hunting, sport shooting, and other commercial use. It markets and sells its products mainly under the Colt, CZ (Česká zbrojovka), Colt Canada, Dan Wesson, Sellier & Bellot, Spuhr, swissAA and 4M Tactical brands.
Colt CZ Group is headquartered in the Czech Republic and employs more than 3,200 people in its production facilities in the Czech Republic, the United States, Canada, Sweden, Switzerland, and Hungary. The Group has been listed on the Prague Stock Exchange since 2020 and its majority shareholder is Česká zbrojovka Partners SE holding.
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email: media@coltczgroup.com email: sipova@coltczgroup.com