Tuesday, May 14, 2013

ATK to acquire ammunition maker Caliber Co.

ATK said it has entered into an agreement to acquire Caliber Co., the parent company of Savage Sports Corp., one of the world’s largest manufacturers of hunting rifles and shotguns.

The purchase would expand ATK’s portfolio of munitions-related operations of commercial and security ammunition. The transaction is subject to regulatory approvals and conditions, with closing anticipated by the end of June.

ATK is an aerospace, defense, and commercial products company with approximately 15,000  employees and operations in 21 states, including Utah, and internationally. Salt Lake Tribune

No comments:

Post a Comment

We welcome your comments! However, we do not post comments with "links" or those comments directing to your website. These will not be published. Thank you