CONTENT PREVIEW
Industry

Slovenia’s AREX sold to Czech private equity group

14 December 2017

Slovenian small arms and ammunition manufacturer Arex has been acquired by Prague-based private equity group RSBC; the latest example of regional defence industrial consolidation spearheaded by Czech financial organisations.

The value of the Arex transaction has not been disclosed.

Arex is a producer of plastic and metal practice ammunition for training purposes, plus hand guns (the Rex Aero series of 9 mm, 7.62 mm, and 0.40 calibres. It also produces tactical armour for infantry soldiers. This is a sideline to the more general business of producing plastic and metal components for industrial applications.

The group employs 90 people and returned profits of EUR16.8 million (USD19.7 million) in 2016.





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