11 May 2020

CZG - Česká zbrojovka Group SE acquires a minority stake in Swedish Spuhr

Prague, May 11, 2020 – CZG – Česká zbrojovka Group SE (CZG or the Group), one of the leading European producers of firearms, announces the acquisition of a minority stake in Spuhr i Dalby AB, a Swedish manufacturer of optical mounting solutions for weapons.

CZG’s acquisition of Spuhr creates mutual synergies in terms of products, customers and geographical presence. Spuhr’s product portfolio consists of optical mounts, accessories and upgrade kits for weapons, making it highly complementary to Česká zbrojovka’s core business.

“We are very pleased to join forces with Spuhr through this strategic investment. Håkan Spuhr and Ulf Nilsson have built a company which is the world leading manufacturer of optical mounting solutions. We believe that the connection of the CZ and Spuhr brands will further strengthen our position on the market and lead to continuous innovation for the benefit of our customers,” stated Lubomír Kovařík, President of Česká zbrojovka Group.

The cooperation with CZ is a strategic milestone for Spuhr. It will give us access to new markets, high-end testing technology and research. We will continue to be flexible and lead the development of new products for our important high-end customers. The partnership with CZ will take us to the next level,” stated Ulf Nilsson, CEO of Spuhr.

The Spuhr mounts and accessories are used by many military and law enforcement units around the world, including the Swedish, Dutch and Danish Army, German Police and Portuguese Navy. Spuhr also offers a popular hunting series of products.

About Česká zbrojovka Group

Česká zbrojovka Group (CZG) is one of the leading European producers of firearms for military and law enforcement, personal defense, hunting, sport shooting and other civilian use. Its companies include Česká zbrojovka, CZ-USA, Brno Rifles, 4M Systems and CZ Export. The CZ (Česká zbrojovka) brand has over 80 years of history. CZG has production facilities in the Czech Republic and the United States.

About Spuhr

Spuhr was founded in 2007 by Håkan Spuhr. The company works closely with the armed forces and manufacturers around the world. Some of our products are the results of military requirements for new solutions, while other products, such as the Ideal Scope Mounts System (ISMS™), are the result of our own shooting and hunting experience. We produce 99% of our products in-house in our own factory located in Löddeköpinge, Sweden.