CZ to buy Colt?

[ProfessorWes]

How do you say "Python" in Czech?

https://www.thetruthaboutguns.com/breaking-cz-in-late-stage-talks-to-acquire-colt/

Apparently struggling since emerging from bankruptcy in 2016, Colt has likely drawn the eye of potential buyers ever since. Now, thanks to CZ (Česká zbrojovka) parent company CZ Group’s public filings, we know it is attempting to purchase all of Colt’s Manufacturing Company‘s assets and is well along in this process.

Well, they've already got Dan Wesson, not to mention a really impressive product line of their own.

 

[Snake45]

How do you say "Python" in Czech?

Krajta. :wink:

 

[Cholo]

I can see no bad side to CZ buying Colt. Make it happen! :)

 

[jimd441]

Thanks for the information. Given their past, CZ is probably a good candidate to acquire Colt if that is what is necessary too keep Colt alive.

Jim

 

[gunzo]

Interesting, damn interesting.

I've never handled a CZ Dan Wesson 1911, but know they are held in high regard. Other CZ's are not scoffed at as well. Colt really has, IMO, dropped so many balls it's no longer funny.

 

[Kandy Kisses]

cz s i have owned are quality for the money.

 

[TRanger]

If they do for Colt what they did for Dan Wesson, it’s a definite win.

 

[Johnnu2]

+1 on CZ quality..... should help Colt immensely....

IMHO,
J.

 

[bobski]

theres a term for when one co. buys everyone out and controls a market unfairly, forcing customers to not have a choice; and, its happening everywhere and people just ignore it.

 

[toysoldier]

theres a term for when one co. buys everyone out and controls a market unfairly, forcing customers to not have a choice; and, its happening everywhere and people just ignore it.

When it comes to pistols, there is nowhere near a monopoly at this time.

 

[Igor]

theres a term for when one co. buys everyone out and controls a market unfairly, forcing customers to not have a choice; and, its happening everywhere and people just ignore it.

I believe it's called capitalism.

 

[Rick Courtright]

+1 on CZ quality..... should help Colt immensely....

IMHO,
J.

Hi,

Definitely.

Rick C

 

[bobski]

profits going to Europe is not good capitalism.

 

[Rick Courtright]

profits going to Europe is not good capitalism.

Hi,

Didn't that horse leave the barn about 50-60 yrs ago?

By the early '60s, when VW Bugs were flourishing, VW started building plants in several "foreign" (to them) countries to build cars. The advantages to VW, the local economy, and the consumer were enough that many other mfrs, from various industries, began to follow VW's model. I dunno who coined the term, but I recall a VW ad referring it to being a "good corporate neighbor." "Foreign" companies built here, American companies built "there." That system's grown to where it's not gonna be turned around at this point in time...

Rick C

 

[jimd441]

Rick,

I totally agree as long as there is no exploitation (child or slave labor etc.) or other unethical activity involved.

Jim

 

[Igor]

profits going to Europe is not good capitalism.

Yep. We can't let those lowlifes from Europe sell any cars or motorcycles in our country. Not gonna happen !!!

 

[BlkHawk73]

Everyone whines and complains when a foreign company buys up a domestic company. Well, seems those foreign companies are able to operate successfully enough to do so which is just the opposite of those they're buying.

Just think if all those always upset put their money into it, they could buy these companies and show us how it's done. Yet to see any of them step up. How many upset were buying the products?

 

[ProfessorWes]

CZ's purchase of Colt is a "done deal."

https://www.thetruthaboutguns.com/done-deal-cz-group-acquires-colts-manufacturing-for-220-million-and-shares/

The resulting CZ Group - CZ, Brno, Dan Wesson and Colt - "creates a half billion dollar firearms manufacturing giant that will be approximately the same size as Ruger." It also expands CZ's North American manufacturing base and gives CZ greater access to LE and military sales, "a target customer group for the Czech group."

 

[Fox Mike]

theres a term for when one co. buys everyone out and controls a market unfairly, forcing customers to not have a choice; and, its happening everywhere and people just ignore it.

The Sherman anti-trust act covers how that stays legal. No one can legally monopolize any specific type of business.

 

[montegomx70]

thank god its not some investment firm

 

[Pat-inCO]

I can see no bad side to CZ buying Colt.

I can. When CZ was building a reputation in the US, their prices were quite good.
They then acquired DW and their prices started up.
They now think they can do no wrong, and their prices show it.

They had a CBOB in .45ACP for right at $800. Once you go rid of all the sharp edges
on the slide and a few other places, was an excellent gun. Discontinued. They then
came out with the VBOB . . . at twice the price. Now discontinued.

I spoke with the Western Region sales manager for CZ about five years ago. I asked
why their prices were going up SO much faster than their competitors and she
basically said their brown smelly stuff didn't stink.

Everything I see says their quality is excellent!
Their prices leave a lot to be desired.

 

[Ale-8(1)]

The market decides the "value" of products. When one supplier's stuff gets "too expensive" the lower priced stuff sells like hotcakes. One needn't spend $1000 for an everyday 9mm plastic pistol if $500 satisfies your handgun requirements. The individual has to decide for himself how he values features, configuration, "image", etc. If one buys "name" ya pays yer money and enjoys the glow of ownership regardless of actual features, etc.

I see CZ acquiring Colt in the same general way I see Ruger acquiring Remington. They "save" a well-known brand and hopefully do so at prices that the market will bear. JMHO, of course. :mrgreen:

 

[ProfessorWes]

I can see no bad side to CZ buying Colt.

I can. When CZ was building a reputation in the US, their prices were quite good.
They then acquired DW and their prices started up.
They now think they can do no wrong, and their prices show it.

They had a CBOB in .45ACP for right at $800. Once you go rid of all the sharp edges
on the slide and a few other places, was an excellent gun. Discontinued. They then
came out with the VBOB . . . at twice the price. Now discontinued.

I spoke with the Western Region sales manager for CZ about five years ago. I asked
why their prices were going up SO much faster than their competitors and she
basically said their brown smelly stuff didn't stink.

Everything I see says their quality is excellent!
Their prices leave a lot to be desired.

I wonder how much of the relative increase in CZ's prices has to do with the weakening of the dollar?

Even so, my local CZ dealer, last time I was there, still had CZ's products priced competitively with the "domestic" brands and either cheaper or on par with the other foreign makes.

 

[Mike J]

While my only Dan Wesson experience is with an old Monson, Mass. made .357 that is about 40 years old their 1911's have a really good reputation. I suspect part of the reason they are expensive is most likely due to the fact that they do not use MIM small parts. Using forged small parts is more expensive. While I don't own any Colt products I do not believe their quality will suffer & it might improve. I am another that would rather see Colt owned by a firearms manufacturer than investment bankers. I believe some very nice guns will be made.

 

[Snake45]

Apparently, the deal's gone down:

https://justthenews.com/nation/longtime-american-gun-manufacturer-colt-sold-czech-firearms-company