Fiocchi

In 1876, a bank employee named Giulio Fiocchi was sent to Lecco, Italy, to assess a defaulting arms manufacturer. Instead of simply collecting a debt, Giulio saw an opportunity. He persuaded his bank to finance the purchase of the failing company, and in 1877, he ceased musket production to focus on hunting and sporting ammunition under the Giulio Fiocchi Enterprise name. The company grew, becoming a key supplier to the Italian army during World War I. Fiocchi expanded its U.S. presence in the 1980s, establishing a manufacturing plant in Missouri to meet growing demand. This facility now produces about 80% of the Fiocchi products sold in the American market. For nearly 150 years, the company remained in the family, passing through four generations. A significant shift occurred in late 2022 when the Czechoslovak Group (CSG), a Prague-based industrial technology company, acquired a 70% majority stake. The Fiocchi family and a partner investment fund retained the remaining 30%. This partnership aimed to foster international growth while maintaining the brand's long-standing heritage. By April 2025, CSG moved to acquire the remaining shares, becoming the sole owner of the Fiocchi Group and positioning it for future expansion and innovation under a new unified ownership structure.