AMMO, Inc. Sells Ammunition Manufacturing Assets to Olin Winchester for $75 million

AMMO, Inc. Sells Ammunition Manufacturing Assets to Olin Winchester for $75 million

01/21/25, 11:34 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgscottsdale
Money
$75 million
Industry
retail
Type
agreement
AMMO, Inc. has entered into a definitive agreement to sell its ammunition manufacturing assets to Olin Winchester, LLC for a total cash consideration of $75 million. The sale was unanimously approved by AMMO's Board of Directors and is expected to allow the company to focus on growing and prioritizing the profitable, high-margin GunBroker.com marketplace.

Company Info

Company
AMMO
Location
scottsdale, arizona, united states
Additional Info
AMMO, Inc. is the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components.

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