Below is the full press release.
Beretta Holding SA take a majority stake in the French company Chapuis Armes SAS.
The Beretta Holding Group, world leader in the hunting and defense arms industry, have strengthened their position in their field of activity on the French market but also internationally.
Major synergies between Beretta and Chapuis Armes: Chapuis Armes has unique and patented “know-how” in the manufacture of rifled weapons. The Chapuis range of over-under and side by side Express rifles, ROLS straight pull rifles and Manurhin revolvers complete the Beretta Holding Group. The artisanal and semi-artisanal manufacture of over-under, side by side fine and tailored shotguns and rifles is a complement to the Beretta Holding Group product lines, which are keen to preserve the traditional armory and gunsmithing. Chapuis Arms will be able to develop for export by benefiting from the Beretta Holding network abroad while remaining established on the French market with its own distribution network. Synergies in research and development, sourcing raw materials and semi-finished products, engineering, will enable Chapuis
Originally posted on The Firearm Blog