Apparently CZ is buying Colt’s FA for $220 million and stock. Might just be a good thing. Joe

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Wisdom chases me; I'm faster

Am I the only one that thinks that’s a bargain price?

Works for me. CZ knows how to build quality firearms and I’m quite sure is better managed than Colt, at least for the past 3 decades or longer.
Maybe they’ll move ops to a friendlier state as well.

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Sure you did

So much for buying American...kind hard when you can't run your company right

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aka "Mooncat"

Have not bought a newly manufactured Colt in years. Doubt if I will ever again.

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USMC 69-93 Combat Pistol Inst.

For a company that can't stay out of financial distress/bankruptcy, it's not the bargain it appears on paper. There's a considerable amount of risk.

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aka "Mooncat"

So, not that I can afford one anytime soon, but if I wanted a better built Colt revolver like the new Colt King Cobra, could I expect better quality if I wait until after CZ takes over? If other people are thinking the same thing, how long will current production revolvers linger on the shelves? Given the current climate and demand for firearms, maybe not that long (?).

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otis

Just wait 'til the "pre-CZ" start popping up on ads.

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aka "Mooncat"

This is not an optional thing. Your choices are Colt made and managed by CZ or no Colt at all ? Hint hint Remington arms is not going to buy Colt

If Dan Wesson is any indication, quality will be top notch. That's pure speculation and a quick look at track history on my part.

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aka "Mooncat"

Gimme a 4 inch Python and a Defender for starters.

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Sure you did

Great news, stick it to those blue collar pinko commies in CT, and move ops to a friendlier state...in the Czech Republic...Lord give me strength.

They may move to arkansas.That is where the cz plant is being built.With dan wesson they won't need help with 1911's.I have not seen a dw 715 the new revolver wouldn't think they make many.Hope it turns out good.

Moving production out of Hartford, CT , would probably be a good thing for them, both from a taxes standpoint, and from the standpoint of finding enough employees with good qualities.

Never been much of a Colt fan. I own about three, including an original AR carbine and a Pony Pocketlite .380. Haven't seen a new Colt I cared much about in years. I don't own a CZ, but I know many here on the forum post high opinions about them. . .

Iconic American gun maker Colt sold to Czech firm

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Wisdom comes thru fear . . .

Isn't there 2 Colt companies? Colt Defense, which is the Military/LEO division, and Colt Firearms, for the civilian market?

The article doesn't say anything about it.

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BTDT, Got The T-Shirt

Well, it kinda does. To paraphrase a famous person, it depends upon what the meaning of "all" is . . .

and there's this:

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Wisdom comes thru fear . . .

Hey Bob, bet this comes as a complete surprise to you, huh? That CT lacks enough people with the "good qualities" required to build guns...

I hope the Colt name and products will continue to be a part of the American firearms market and I understand that Colt has reached a point where they have two options, sell or close.

CZ bought Dan Wesson and those of us who value Dan Wesson revolvers thought this might be a good thing. CZ expanded the line of Dan Wesson 1911 pistols and did make the Model 715 stainless 357 Magnum revolver, but not that many and the price was ridiculous. In purchasing Colt, what products will they continue to make? CZ really does not need another 1911 line and I think they showed that they are not that interested in revolvers, so perhaps they are just looking at the AR-15/M4 market. Time will tell.

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VCDL, GOA, NRA

Wow, Colt has only been treading water for years. It is ashame that a once great American company is now foreign owned, but if they can turn the brand around, I guess it is for the best.
Larry

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Miss My Buddy crsides!!

I was surprised at the relatively small-seeming $200 million price tag, too, although apparently there's another $20 million or so in CZ stock as part of the deal, too. But Colt -- for its grand name -- is actually a pretty small company.

There's indeed some risk for CZ taking on Colt, but after the last bankruptcy and financial restructuring, Colt is actually debt-free or very near it at the moment, so it's not as much a roll of the dice now than it would have been a few years ago.

CZ has an excellent reputation for quality firearms itself, and its handling of Dan Wesson is further evidence their aim is to put excellent products to market. I think this bodes well for whatever its Colt plans are, but we'll have to wait and see.

That said, in all fairness to Colt, ever since they updated their production facilities in the early 2000s, the quality of their products rose significantly for their given price point. Arguably for the last couple decades they've been making their best 1911s in the history of the company.

In some reports on the sale, keeping the Hartford site open and producing is a required part of the deal.

For whatever reason, the updated 715 didn't sell that well; it's reportedly a good revolver. But I wonder if CZ discontinued it in anticipation of taking on Colt's new revolver line-up.

Certainly taking the M4 line opens CZ to possible significant U.S. and overseas military contracts, a very lucrative option.

The real question to me is what happens to the Colt 1911. I may have to eat crow on this, but I can't imagine CZ mothballs that venerable name. So what to do with Dan Wesson?

Could keep them at separate price points and try not to cannibalize, but I'd almost rather see them roll DW into Colt and exclusively produce Colt 1911s to their DW level of quality.

CZ's been pretty tight-lipped about this whole deal, and I don't think there have been any statements as to their concrete plans, so only time will tell...

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Pickpocket

As I see it. CZ could continue four of Colt's firearms and possibly survive on those. The Python, the M1911's, the Peacmaker and the M16/AR-15's.

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USMC 69-93 Combat Pistol Inst.

Seems like the best thing to happen to Colt for a LONG time.

Randy

Better to be owned by a foreign gun company than a USA hedge fund......jest sayin'. Like it or not the economies now are global

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Forum consigliere

Maybe just maybe this is how CZ might be able to get in the compact sub-compact market. They built the CZ 92 that was in 25 acp but GCA prevented them from being imported. If they build something small over here I'm a customer. They are completely missing out on this market. I think they have enough followers that there would not be a problem selling them, I've been a fan for a very long time.

Single stack, slim, CZ 75 Compact 9mm would be a winner.

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Sure you did

I can see it now.....
A polymer Python.

On a serious note, CZ is a well run and managed company that will hopefully keep the Colt line available.

Poor management has been Colt's problem for decades now. That's what killed 'em. Hopefully CZ can change all that.

And just maybe we'll finally see a blue 2020 Python.

CZ, don't know much about their pistols but they make a great rifle. The Diamondback and Det. Special revolvers were a little too pricey for me, had a lightweight Cobra once. CZ already had bought Dan Wesson. The Czechs have been in the firearms business for more than 100yrs.

It’s definitely a good thing. Maybe now we’ll start to see some innovation coming out of Colt?

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Some Might Say.

Large institutional owners are focused on ROI. It will be nice to see an organization that is committed to the business model of making quality guns get ahold of the Colt brand.

I think the regulatory risks associated with the firearms business is certainly a factor in the pricing.

Folks make fun of revolvers, but they will be the last ones they come after. I would rather have a six shooter than no shooter.

Colt is in a difficult position. They are in a anti-gun state which is trying to put them out of business. They are financially in "bad shape" -- hope CZ will buy them, keep the Colt name, but move the whole plant to a "gun friendly, 2A friendly state" -- like TX. or maybe a northern tier state.

My CZ branded shotgun was made by AKKAR in Turkey. It's well built for a slightly upscale security gun. Looks like an 870 clone though I have no idea what parts would interchange between the two.
Point is if you've designed guns to have all the heavy lifting done by CNC machining ... that can be done almost anywhere in the world these days.
What's Turkish for Python? Piton.

I would be happy to see them come to southcentral PA.

How much of Colt's problem were ineffective management and/or a workforce that refused to be managed into a better business model?

Saw this deadly combination destroy a famous engineering company in England. Buddy worked there until his frustrations with ineffective management and others refusing to take responsibility boiled over. His last day ended up with him telling home truths to his middle manager to the degree that the manager was left blubbing in a corner. Firm was closed inside a year when my buddy's home truths came to pass.

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Release the Kraken

I feel this will be a good thing, people love CZ.
Never had one myself, thought about one their 22 rifles.
Guessing future investments will be based on WH rules and who
knows what that might be.
Best of luck to CZ, better than china owned.

With the way things are, and have been at Colt, I'd bet many more are waiting on "post CZ" to start popping up in the ads.

The quality of my CZ 452 Trainer, for the price paid still amazes me years later and I feel that CZ will bring that mind set and ability to Colt.

Rob

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Strange days have found us

Europeans have a different mindset when it comes to quality. We'll see, hopefully. Joe

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Wisdom chases me; I'm faster

Could a quality 1903/8 be made at decent price point in the Czech Republic (or Arkansas)? Inquiring minds want to know.

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I need ammo, not a ride.

Someone made a copy a while back. Does anyone remeber those? Were they a quality piece?

In answer to the OP's question. Probably, if you can keep the hands on machining down and a machine does most of the work.

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USMC 69-93 Combat Pistol Inst.

Didn't the last "remake" branded colt come from across the pond? A hammerless 32/380?

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S&W Accumulator

Since CZ is making the CZ58, could we be seeing a auto-loading version being made here?

Attached Images

CZ VZ-58.jpg (50.9 KB, 31 views)

The VZ58 was discontinued 10 years ago. Maybe you meant the Bren 805? The 805 S1 was discontinued a couple years ago and replaced with the S2. S1 in 5.56 pictured below. There are several videos on youtube with these including the full auto models.

CZ is better than Soros buying Colt...