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Cybergun SA ( (FR:ALCYB) ) just unveiled an announcement.
CYBERGUN has received a firm offer for a majority stake in its subsidiary VERNEY-CARRON from a major player in the global small arms industry. This acquisition aims to bolster VERNEY-CARRON’s position in the French hunting and sports shooting markets while expanding its reach in the military and law enforcement sectors. The deal, which values VERNEY-CARRON at 1.4 million euros, involves a capital increase and is contingent on the completion of financial restructuring. CYBERGUN will retain a significant minority stake and continue to support VERNEY-CARRON’s operations. The transaction is expected to enhance VERNEY-CARRON’s growth opportunities and industrial capabilities, aligning with its long-term strategic goals and heritage.
More about Cybergun SA
Founded in 1986, CYBERGUN is a global expert in shooting products, historically focused on the civil and recreational segment with products like Airsoft and Airgun. Since 2014, the company has expanded into the military sector, providing training for armed and police forces. CYBERGUN is recognized as an ‘Innovative Company’ by Bpifrance and is listed on Euronext Growth in Paris. VERNEY-CARRON, established in 1820, is France’s oldest and largest hunting arms manufacturer, known for its hunting rifles and shotguns, as well as defense ball launchers and military weapons under the LEBEL brand.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.44M
For detailed information about ALCYB stock, go to TipRanks’ Stock Analysis page.