Diemaco

Last updated
Diemaco (1984) Inc.
Company type Private (division of Héroux-Devtek Inc.)
Industry Defence
Founded1974 (1974)
FateAcquired
Successor Colt Canada Corporation May 24, 2005 (2005-05-24)
Headquarters
Kitchener, Ontario
,
Canada
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

  1. ↑ https://www.all4shooters.com/en/shooting/rifles/colt-canada-diemaco-sa15-7-sa20-semi-automatic-rifles/
  2. ↑ "Corporations Canada Online Filing Centre". Industry Canada. Retrieved 7 April 2011.
  3. ↑ "Héroux-Devtek Completes the Sale of its Logistics & Defence Division, Diemaco" (PDF). Héroux-Devtek Inc. 20 May 2005. Retrieved 7 April 2011.
  4. ↑ https://www.sec.gov/Archives/edgar/data/1328644/000095012305007051/y09554sv1.htm
  5. ↑ https://www.annualreports.com/HostedData/AnnualReportArchive/h/TSX_HRX_2006.pdf [ bare URL PDF ]


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