Olin Acquires White Flyer Targets to Expand Winchester Ammunition Business.
MANews-(C)2009-2023
US-based chemical products and ammunition manufacturer Olin Corp. (NYSE: OLN) has acquired US-based White Flyer Targets, operating in recreational trap, skeet, and sporting clay targets, the company said.
Terms of the transaction were not disclosed. Olin funded the transaction with cash on hand and anticipates that the transaction will be immediately accretive to Olin's shareholders.
White Flyer will be combined with Olin's Winchester Ammunition business.
The acquisition includes White Flyer's five state of the art manufacturing facilities in Coal...
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