Olin - Winchester completes acquisition of White Flyer Targets business
General

Olin - Winchester completes acquisition of White Flyer Targets business

Olin funded the transaction with cash on hand

  • By ICN Bureau | October 05, 2023

Olin Corporation has completed the previously announced acquisition of White Flyer Targets, North America's preeminent leader in recreational trap, skeet, and sporting clay targets. White Flyer will be combined with the Winchester Ammunition business.

The acquisition includes White Flyer's five state of the art manufacturing facilities in Coal Township, Pennsylvania; Dalton, Georgia; Webb City, Missouri; Knox, Indiana; and, San Bernardino, California and includes White Flyer's recently announced ECO FLYER® target product line.

"We welcome our new White Flyer teammates," noted Brett Flaugher, President of Winchester Ammunition. "Together, we can enhance the continued growth of trap, skeet, sporting clays, and other shotgun sports. These two leading brands are renowned for unmatched quality and now offer increased value to our customers through comprehensive ammunition and clay target solutions for the thousands of shooting ranges across America." 

Olin funded the transaction with cash on hand and anticipates that the transaction will be immediately accretive to Olin's shareholders.

Register Now to Attend Agrochem Summit 2024 on Friday, December 13th, 2024 at The Park, New Delhi

Upcoming E-conferences

Agrochem Summit 2024

December 13, 2024

PetroChem Summit 2024

December 18, 2024

Other Related stories

Startups

Chemical

Petrochemical

Energy

Digitization