Today marks a new milestone in the long and prestigious history of Fiocchi Munizioni S.p.A. The company, Giulio Fiocchi S.p.A., after generations of passionate leadership and dedication that have made it a global excellence in the ammunition industry, announces its exit from the shareholder base, transferring its shares to the Czechoslovak Group (CSG).

This strategic decision represents an opportunity for Fiocchi Munizioni to embark on a new path of growth and development, based on a solid foundation built over time and with the contribution of an international industrial group like Czechoslovak Group.

The acquisition by CSG will bring new investment opportunities, international market expansion, and technological innovation. CSG is a strong industrial group with a long-term strategic vision, recognizing the value of the Fiocchi brand, the quality of its products, and the professionalism of its workforce. This synergy will further strengthen Fiocchi Munizioni’s leadership position in the global landscape.

We are fully aware of the deep bond that connects Fiocchi Munizioni to the Lecco area. Our company has been an integral part of the local economic and social fabric for almost 150 years, representing a source of employment and a symbol of industrial excellence. This bond will not weaken with the new corporate structure; on the contrary, it will be further enhanced. CSG understands the importance of Fiocchi Munizioni’s presence in Lecco and is committed to maintaining and strengthening its central role. We wish to reassure you with the utmost clarity: continuity in the company’s management is fully guaranteed. Chairman Stefano Fiocchi and the key members of the management team will retain their respective positions.

This transition is driven by the desire to ensure a prosperous and dynamic future for Fiocchi Munizioni, preserving its core values while projecting it towards new successes. We sincerely thank all those who, with their commitment and passion, have helped make Fiocchi Munizioni a world-leading company. We are confident that, with the support of CSG, this new chapter in our history will be filled with achievements and growth for all.

Stefano Fiocchi, Chairman of Fiocchi Munizioni S.p.A.:
 "After a long and intense family history at the helm of Fiocchi Munizioni, this decision has been made with great attention and responsibility. We are convinced that the CSG Group is the ideal partner to lead the company to new horizons of success. For our family, it was essential to ensure the continuity of the company’s values, safeguard jobs, and maintain the strong bond with the Lecco region. The confirmation of key figures representing the family is a tangible sign of this priority. I sincerely thank all employees, partners, and the local community for their constant support over the years. I am confident that Fiocchi Munizioni will continue to be an Italian excellence in the world."

Paolo Salvato, CEO of Fiocchi Munizioni S.p.A.:
 "Today’s announcement marks the beginning of an exciting phase for Fiocchi Munizioni. The entry of the CSG Group represents a unique opportunity to accelerate our growth plans and further invest in innovation and the development of cutting-edge products. I am particularly pleased that the continuity of management is guaranteed; this is a testimony to the trust placed in the management team and the work we have done so far. Together with the current leadership team, we will continue to lead Fiocchi Munizioni with the same dedication and commitment that has always characterized us, ensuring a solid and prosperous future for the company and all our employees."