Diemaco
In today's article we are going to talk about Diemaco, a topic that has captured the attention of millions of people around the world. Diemaco is a topic that generates interest and debate, since it has a great influence on various aspects of our lives. From its impact on health and well-being, to its relevance in culture and society, Diemaco plays a fundamental role in people's daily lives. Throughout this article, we will explore various perspectives and aspects related to Diemaco, with the aim of better understanding its importance and influence in the modern world.
| Company type | Private (division of Héroux-Devtek Inc.) |
|---|---|
| Industry | Defence |
| Founded | 1974 |
| Fate | Acquired |
| Successor | Colt Canada Corporation May 24, 2005 |
| Headquarters | , |
| Products | Firearms, weapons |
Diemaco was a Canadian defence company based in Kitchener, Ontario, that manufactured the C7 family of rifles under a licence from Colt.
History
The company was formed in 1974 under Devtek Corporation,[1] effectively replacing the arms supply from government owned Canadian Arsenal Limited.
In 2000, it was acquired by Héroux-Devtek Inc.[2][3]
On May 20, 2005, it was acquired by Colt Defense for $18.2 million.[4] As a result, Héroux-Devtek revamped the Aerospace and Defense division to the Aerospace division.[5]
References
- ^ https://www.all4shooters.com/en/shooting/rifles/colt-canada-diemaco-sa15-7-sa20-semi-automatic-rifles/
- ^ "Corporations Canada Online Filing Centre". Industry Canada. Retrieved 7 April 2011.
- ^ "Héroux-Devtek Completes the Sale of its Logistics & Defence Division, Diemaco" (PDF). Héroux-Devtek Inc. 20 May 2005. Retrieved 7 April 2011.
- ^ https://www.sec.gov/Archives/edgar/data/1328644/000095012305007051/y09554sv1.htm
- ^ https://www.annualreports.com/HostedData/AnnualReportArchive/h/TSX_HRX_2006.pdf [bare URL PDF]
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