Olin to acquire ammunition assets of AMMO for $75m.

Olin, a vertically integrated global manufacturer and distributor of chemical products, agreed to acquire ammunition assets of AMMO, a designer, manufacturer and marketer of performance-driven, high-quality and innovative ammunition products, for $75m. "The Manitowoc assets will extend Winchester's leadership position and expand the reach and value of our near full integration. The acquired assets will enable our legacy plants to lower costs of existing high-volume products and increase our ability to participate in higher margin specialty rounds at a cost advantage," Brett Flaugher, Olin President.