CYBERGUN is considering the sale of its Civil division to refocus on the Military

CYBERGUN, leader in the field of recreational shooting, announced on April 23, 2024, the receipt of a first letter of intent for the purchase of its Civil division, valued at more than 10 MEUR. This division generated a turnover of 23.5 MEUR in 2023. The sale aims to refocus the company on its Military sector, which is more profitable.

The group has not yet signed an exclusive agreement, which allows it to discuss with other possible buyers. The proceeds from this possible transaction should contribute to the development of the Military and Hunting department, which saw its turnover increase by 38% in 2023.

Various sources of financing are being considered to support growth, including a bond issue and the refinancing of industrial assets estimated at EUR 5 million. The possible sale of the Civil division will be subject to regulatory procedures, including consultation of personnel.