Business
Colt CZ : announces the sale of its stake in subsidiary Colt CZ Hungary
Colt CZ : announces the sale of its stake in subsidiary Colt CZ
About this update from Colt Cz Group Se
Prague (June 30 , 2026) ― Colt CZ Group SE ("Colt CZ", the "Group" or the "Company") announces that it has agreed with N7 Defence Holding Zrt. ("N7D") on the sale of its 51% stake in Colt CZ Hungary Zrt. ("Colt CZ Hungary"). On June 29, 2026, Colt CZ Group International s.r.o., a subsidiary of the Group, entered into an agreement with N7 Defence Holding Zrt., pursuant to which N7D will acquire the 51% stake in Colt CZ Hungary owned by Colt CZ Group International s.r.o. and will thereby become the 100% owner of Colt CZ Hungary. The completion of the transaction is subject to regulatory approvals and other customary conditions precedent. The companies have expressed their commitment to continue cooperating in the production and sale of firearms on standard commercial terms. For Colt CZ, the transaction represents a strategic step combining the termination of the existing joint venture model with the preservation of long-term business opportunities in the Hungarian market. The newly agreed arrangement includes exclusivity in the small firearms segment in the Hungarian market, a preferential right to participate in selected European defense projects, protection of the Group's technological know-how, and a framework for continued manufacturing cooperation. As a result, the Group expects to maintain access to business opportunities in the Hungarian market while reducing the risks and capital intensity associated with the existing joint venture model. Colt CZ Hungary was established in 2023 as a joint venture between Hungarian state-owned company N7 Holding Ltd. and Colt CZ Group SE. Colt CZ Hungary Zrt. is currently owned from 51% by Colt CZ Group International s.r.o. and 49% by N7 Defence Holding Zrt. Since 2025, the majority owner of N7 Defence Holding Zrt. has been 4iG Group, a privately owned company listed on the Budapest Stock Exchange. About Colt CZ Group SE Colt CZ Group (Colt CZ) is one of the world's leading vertically integrated manufacturers of firearms, ammunition, and energetic materials, serving military and law enforcement as well as commercial markets. It markets and sells its products mainly under the Colt, CZ (Česká zbrojovka), Colt Canada, Colt Optics, Dan Wesson, Sellier & Bellot, Spuhr, swissAA, and 4M Tactical brands. The Group is also active in the production of energetic nitrocellulose through Synthesia Nitrocellulose. Colt CZ Group is headquartered in the Czech Republic and employs more than 4,500 people across 13 production facilities in the Czech Republic, the United States, Canada, Sweden, Switzerland, and Hungary. The Group has been listed on the Prague Stock Exchange since 2020 and completed its dual listing on Euronext Amsterdam in April 2026. Its largest shareholder is Česká zbrojovka Partners SE Holding. Contact for media Contact for investors Eva Svobodová Klára Šípová External Relations Director Investor Relations Colt CZ Group SE Colt CZ Group SE Phone: +420 735 793 656 Phone: +420 724 255 715 email: [email protected] email: [email protected]