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AMMO, Inc. Sells Ammunition Manufacturing Assets to Olin Winchester for $75 million
Jan 21, 2025•over 1 year ago
Contract Type
agreement
ScottsdaleRetailDescription
AMMO, Inc. has entered into a definitive agreement to sell its ammunition manufacturing assets to Olin Winchester, LLC for a total cash consideration of $75 million. The sale was unanimously approved by AMMO's Board of Directors and is expected to allow the company to focus on growing and prioritizing the profitable, high-margin GunBroker.com marketplace.
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Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months