Beretta Holding
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| Private | |
| Founded | 1995 |
| Headquarters | Gardone Val Trompia, Italy |
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| Website | www.berettaholding.com |
| Footnotes / references [1][2][3] |
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€542 million (2014)Beretta Holding S.p.A also called the Beretta Holding Group, is headquartered in Gardone Val Trompia, Italy. It is an Italian holding company for the famous Italian industrial group and holds direct or indirect participation in 26 companies.[4][5] The eponymous company is managed by fifteenth-generation descendants of Maestro Bartolomeo Beretta (Italian), progenitor of a firearms manufacturing dynasty.[3][6]
Subsidiaries
Europe
Gardone Val Trompia is not only the Beretta Holding's headquarters, this comune is also headquarters for the enduring Fabbrica d’Armi Pietro Beretta company, as well as for Italian replica firearms company A. Uberti. Beretta Holding also holds two other Italian companies, Benelli Armi in Urbino and Meccanica Del Sarca in Pietramurata, Trentino.[7][8]
In addition to its operations in Italy, Beretta holds several European companies, including Beretta Hellas in Athens, Espingardaria Belga in Lisbon and Beretta Benelli Iberica in Trespuentes, Spain. Beretta has two subsidiaries in France, Humbert CTTS in Veauche, along with Cougar France which operates the Beretta Gallery retail store in Paris.[9] Beretta has one Swiss subsidiary, Outdoor Enterprise in Muralto, and two in Germany, Manfred Alberts GmbH in Wiehl-Bielstein and Steiner-Optik GmbH (German) in Bayreuth.[10] In northern Europe, Beretta has the Finnish firearms manufacturer SAKO as well as UK distributor GMK Ltd, which owns the Beretta Gallery in London.[7][11][12]
North America
Beretta USA was founded in 1977 and based in Accokeek, Maryland. It manufactures military, police, and civilian pistols.[13] In May 2013 the company announced that, despite disagreements with the State of Maryland over recently enacted changes to Maryland gun control laws it would not relocate its Accokeek facility.[14] The facility employs around 400 workers.[13]
In January 2014 Beretta announced the construction of a design and production facility in Gallatin, Tennessee to expand its US operations.[13][15] On July 22, 2014, in a reversal of their 2013 decision to keep some production operations in Accokeek, Beretta announced that it would move all manufacturing from Maryland to the Gallatin facility, which was originally expected to manufacture machinery and new products only. Beretta stated that the decision was in response to further restrictions on firearms manufacturing being considered by the Maryland Legislature.[16] The new US$45 million facility, on a 100 acres (40 hectares) site in the Nashville area, was scheduled to be completed in early 2015 and ultimately employ 300 workers,[17][18] however, construction was delayed by weather.[19]
Then-CEO Ugo Gussalli Beretta personally visited the Gallatin site and stated, regarding the new facility, "In return for our investment in jobs, facilities, and assistance to the local economy, we ask for respect and a supportive business climate. We deserve such respect. We make the standard sidearm for the U.S. armed forces. We also make firearms that police and consumers use to save their lives and the lives of others."[20] Beretta began moving equipment into the Gallatin plant once it received a certificate of occupancy in December 2015, and by January 2016 the plant was partially operational.[21][22] On 15 April, the company celebrated its factory opening with a ribbon-cutting ceremony officiated by Tennessee Gov. Bill Haslam, Ugo Gussalli Beretta and his sons, Pietro and Franco.[23][24][25][26]
The main office of Beretta USA will remain in Accokeek, as well as unspecified gunsmithing and repair operations.[27] Beretta's I.T. support organization, 3 Arrows Services, remains in Accokeek, as does Stoeger Industries.[28][29] Stoeger Canada is situated in Whitby, Ontario.[30][31] The offices of Benelli USA are located in Pocomoke City, Maryland.[7] Other North American companies include Cougar Corp., which operates the Beretta Gallery showcase store in New York City,[32] and two optics manufacturers, Burris Company in Greeley, Colorado and Steiner eOptics (formerly Laser Devices Inc.) in Monterey, California[7][33][34]
Through its Steiner subsidiary, on 31 December 2015, Beretta Holding acquired two electro-optics companies: STS in Beavercreek, Ohio; and Diffraction Ltd in Burlington, Vermont.[35][36]
Others
The Beretta Defense Technologies (BDT) international business unit was created in 2012[37] as an alliance of four companies owned by Beretta Holding (i.e., Beretta, Benelli, Sako and Steiner) to serve government, military and law enforcement customers.[38][39]
Other International holdings include Turkish firearms manufacturer and distributor Stoeger Silah Sanayi in Istanbul, distributor Russian Eagle in Moscow, NightLaser Technologies in São Paulo and WanCai optical company in Chongqing.[7][40]
References
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