Investec Advisory has advised Sofisport’s shareholders, the world’s leading manufacturer of hunting and sporting shotshells and shotshell components, on its sale to FN Browning Group
About the deal
Family-owned French group with historical know-how dating back to the 19th century, Sofisport is headquartered in Paris and employs a total of 1,000 people in fifteen active sites in France, Italy, Spain, the UK and Canada. Its subsidiaries, including Nobel Sport, Cheddite and Sofiam, specialize in the manufacture of ammunition and components including powders, shotshell cases and primers.
The buyer, FN Browning Group, is owned by the Walloon Region, part of the Belgian federal state. It designs and manufactures world-renowned small arms, ammunition and innovative weapon systems. The group markets the FN and Noptel brands, dedicated to its Security & Defense division, and the Browning and Winchester brands for its Hunting & Shooting activities. Based in Herstal (Liège) since its foundation in 1889, FN Browning Group employs over 3,000 people and has seven production sites in Belgium, Portugal, Finland, Japan, the United States and the United Kingdom.
Based on a strong industrial, geographic and cultural complementarity, this major transaction represents a unique opportunity to create a world-class European manufacturer in the small arms and ammunition sector.
Our role
Investec Advisory assisted the shareholders all along the disposal process:
- Defining deal tactics,
- Preparing marketing materials,
- Coordinating the due diligence process,
- Negotiating the best transaction terms.
