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Critical readWhat happened. Beretta Holding has launched a public offering of shares (POE) to acquire 25% of Ruger & Company, a US firearms company listed on the New York Stock Exchange. The operation was launched at midnight on October 15, 2026, with a price of $44.80 per share. Preliminary results show that over 3.5 million shares were subscribed to the POE. The deal is expected to be completed by the end of the year.
Ruger & Company's investment confirms Beretta Holding's position in the United States. Beretta Holding strengthens its presence in the US with an investment in Ruger & Company, America’s leading manufacturer of firearms listed on the New York Stock Exchange. The offer, which expired at 1:00 PM Eastern Time on October 15, 2026, has exceeded the maximum quantity anticipated by more than 10%. According to preliminary counting, 3, 589, 647 shares have been accepted, minus additional 2, 652, 256 shares subject to delivery notifications guaranteed, bringing the total number of delivered OPA shares to 6, 241, 903. Beretta Holding will acquire up to 2, 400, 184 shares, representing up to 25% of American company value, for a maximum operation worth approximately $107. 5 million and the possibility of appointing two independent directors.
The higher demand than supply will then result in proportional distribution of shares among shareholders who have subscribed. Based on preliminary data, including also guaranteed delivery shares, Beretta Holding estimates a factor for redistribution around 38.45%. In terms of indicators, this means that for every 100 shares submitted, approximately 38.45 shares could be purchased, with the final determination of the coefficient remaining definitive. The estimate assumes that all guaranteed delivery shares notified are actually delivered within the specified period, which is one day of negotiation. The operation represents a significant step in Beretta Holding's international strategy, based in Luxembourg and active in the sporting arms and defense sector.
The United States represent the main reference market for the company, which aims to consolidate its position by collaborating with a historic American producer partner. This investment represents an important milestone for Beretta Holding, said President and Chief Executive Officer of the group Pietro Gussalli Beretta, referring to a statement.
- The operation marks the first participation of the holding in a listed company and opens a new phase of its development as long-term investor on the US financial markets.
According to Gussalli Beretta, collaboration with Ruger will also strengthen the presence in the United States, the most important market for the group, creating additional opportunities to expand the international presence of the American manufacturer and partner.
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