Nammo has announced that it has completed the acquisition of a majority share in US ammunition firm MAC.
The Norwegian/Finnish company completed the acquisition of the majority stake of MAC on 3 January after having begun pursuing the Missouri-based firm a year earlier in January 2018.
MAC leads in the development of lightweight polymer cartridge cases for small and medium calibre ammunition, which Nammo said is one technology that will “strengthen its ability to provide a reliable advantage to its customers”.
“We are extremely satisfied to have Nammo become a majority owner,” Nick Malkovich, president of MAC, said.
“The experience from our first year working together has been very positive, and we look forward to strengthening our co-operation going forward.”
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