Announced

Beretta Holding to acquire Holland & Holland.

Synopsis

Beretta Holding, a holding company for Italian industrial group, agreed to acquire Holland & Holland, a manufacturer of luxury firearms intended to offer a wide range of customized guns. Financial terms were not disclosed. “This is a truly exciting development and a great achievement for the Beretta family, further increasing the Group’s international footprint. Faced with the Brexit challenges, I am very pleased to increase our direct presence in the important UK market, where we are already active with our well-established distribution subsidiary," Pietro Gussalli Beretta, Beretta President and CEO.

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