Nammo stated that Berger Bullets, a manufacturer of premium rifle bullets, has joined the Nammo Group. For over 60 years, Berger Bullets has produced quality rifle bullets for hunting, target shooting and tactical use.
Morten Brandtzæg, president and CEO of the Nammo Group, said, “Having Berger Bullets on board is the perfect match for Nammo. Their products, which are complementary to our other premium brands, will strengthen our group’s strategic position in the U.S. commercial ammunition market.”
Berger Bullets joins an existing family of Nammo commercial ammunition components and ammunitions brands – SK, Vihtavuori and Lapua. The four brands will continue to operate as unique brands servicing precision rifle shooters, while working together to enhance their collective offerings and services.
Raimo Helasmäki, EVP of Nammo Commercial Ammunition, said, “This is a very exciting proposition for Nammo to execute an opportunity to join with a company that has the same passion as we do for precision, performance and serving the needs of the rifle shooters who care most about performance.”
“Supported by Nammo, Berger will continue to produce the highest quality rifle bullets in the world,” said Eric Stecker, president of Berger Bullets.
Berger Bullets will continue to operate as they have, sponsoring significant rifle shooting events. Berger Bullets Founder and Chief Technical Consultant Walt Berger, Chief Ballistician Bryan Litz and the rest of the existing Berger team will continue on as part of Nammo’s U.S. growth plan going forward.
The completion of the acquisition will be subject to regulatory approvals by U.S. governmental authorities.
