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Thread: Is Fiocchi Ammuntion Up For Sale?

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    Troll under the bridge. hawgrider's Avatar
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    Is Fiocchi Ammuntion Up For Sale?

    Federal Premium Ammunition has had a couple of rounds of layoffs as it is, with no guarantee more aren’t on the horizon.

    Now, we learn that Italian ammunition maker Fiocchi is up for sale.

    According to LeccoNotice.com the historical Italian company Fiocchi Munizion S.p.A. might be up for sale.

    Fiocchi Ammunition employees 670 people and reached about 150 million Euros in revenues in 2016, a rise from 135 millions in 2015. The positive net finance position was 5 millions, from 3 millions in 2015.

    The buyers are likely to be Charme Capital Partners sgr, a private equity firm partly owned by the Montezemolo family.

    Due to the nature of Fiocchi’s business the company is considered to be of strategic value to the state, but the Italian Government has officially stated that they will not use their “Golden Rule” to acquire the company. (Source, in Italian) This is an important “go ahead” for the deal to happen.
    Just why the company is up for sale isn’t clear, in part because I don’t speak Italian and Google’s translate feature makes the text sound only slightly more literate than a cat running across the keyboard.

    However
    https://bearingarms.com/tom-k/2017/1...mmuntion-sold/
    "The clever cat eats cheese and breathes down rat holes with baited breath." W. C. Fields

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    Asks, ignores and leaves franklin's Avatar
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    With action in the ME winding down it makes sense that ammo production is slowing down. A shame as Fiocchi makes high quality ammo.
    And it's owned by three sisters who are very hot. (Inherited from the old man of course.)

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    hawgrider (01-12-2018)

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    Troll under the bridge. hawgrider's Avatar
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    Quote Originally Posted by franklin View Post
    With action in the ME winding down it makes sense that ammo production is slowing down. A shame as Fiocchi makes high quality ammo.
    And it's owned by three sisters who are very hot. (Inherited from the old man of course.)
    3 sisters eh! I didn't know that.
    "The clever cat eats cheese and breathes down rat holes with baited breath." W. C. Fields

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    VIP Member! Ricekila's Avatar
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    Is there gonna be a sale ?

    Μολών Λaβέ

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    Troll under the bridge. hawgrider's Avatar
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    Quote Originally Posted by BucketBack View Post
    Pics oar it didn't happen.
    Of the sisters
    Great minds think alike!
    "The clever cat eats cheese and breathes down rat holes with baited breath." W. C. Fields

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    VIP Member! sigmund's Avatar
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    I got some really old Fiocchi laying around. This is the three twisted sisters ot Tx.

    https://www.youtube.com/watch?v=AOjO3HSqD1Q

    http://www.motorcycleroads.com/75/55...5-336337a.html

    Pretty tame but the best Tx has, couldnt find a decent sport bike one that didnt have alot of crap. I use to ride harley before they got garage door openers but now just wish they would get the hell out of the way on twisty rodes.
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    Quote Originally Posted by franklin View Post
    With action in the ME winding down it makes sense that ammo production is slowing down. A shame as Fiocchi makes high quality ammo.
    And it's owned by three sisters who are very hot. (Inherited from the old man of course.)
    They are not from a S**THOLE country I take it.

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    Asks, ignores and leaves franklin's Avatar
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    Quote Originally Posted by shootbrownelk View Post
    They are not from a S**THOLE country I take it.
    No they are Italian.

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    shootbrownelk (01-17-2018)

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