M&A
confidence high
sentiment positive
materiality 0.65
Olin to acquire AMMO's small-caliber ammo assets for $75M; sees $40M synergies
OLIN Corp
- Purchase price $75M, funded from available liquidity; includes brass shellcase capabilities and 185,000 sq ft Manitowoc, WI facility.
- Expected synergies of $40M; year one adjusted EBITDA $15-20M; less than 2x EBITDA by year three.
- Transaction expected to close in Q2 2025, subject to customary closing conditions.
- Acquired assets will become part of Olin's Winchester Ammunition business, leveraging vertical integration.
- Deal continues Olin's bolt-on acquisition strategy following 2023 White Flyer acquisition.