The Accurate Reloading Forums THE ACCURATE RELOADING.COM FORUMS Rifles Double Rifles Verney- Carron Bankrupt ?Go | New | Find | Notify | Tools | Reply | |
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Quick goggle search brings it up Sorry cant copy + paste | ||
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News stories say Ukraine related… If true imagine that..involved in that corruption. What could go,wrong. Looks like a restructuring deal on surface. 36M contract gone wrong | |||
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Once Jerome left and Ken Buch retired as the US rep, the brand in terms of sporting arms seemed to just die. Sad, since I think they made a nice double and were a bit cheaper than Heyms. Mike | |||
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The oldest French arms company, Verney-Carron, which signed a contract worth €36 million in November 2023 to supply weapons to Ukraine, has gone bankrupt, according to BFM TV, Report informs via Izvestia. “The arms manufacturer Verney-Carron from St. Etienne announced on Tuesday its insolvency and filed a petition for bankruptcy proceedings against it, while negotiating with a potential buyer,” the publication said. It is specified that the company has been incurring huge losses for several years. Thus, in 2023, their losses amounted to €4.54 million with a turnover of €5.45 million. On February 12, the Saint-Etienne Commercial Tribunal will meet on this issue. Cybergun, which has been a shareholder in Verney-Carron since 2022, has invested €12 million in it. An official statement from Cybergun reveals that a search has been initiated for an industrial partner to sponsor the arms company for several years. The document states that negotiations are already underway with a major player in the small arms industry for this purpose. Its identity is yet to be disclosed. " .... you never pay too much for something, you only buy it too early .... " How to Hunt Wisconsin Whitetail Deer with a Cannon How to Hunt Feral Cats with a Mortar | |||
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The Accurate Reloading Forums THE ACCURATE RELOADING.COM FORUMS Rifles Double Rifles Verney- Carron Bankrupt ?
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