AMMUNITY
Multi-caliber ammunition from pistol to .50 BMG.
Latest event found: 3 Jun 2026 · 5 months ago
Vitality Radar
Pillar Analysis
Strategic Assessment
Strategic Vector
AMMUNITY has shifted from an independent Latvian ammunition manufacturer to a wholly owned subsidiary of Scandinavian Astor Group, creating a stronger platform for production expansion, international partnerships, and integration into the European defense supply chain.
Efficiency Ratio
The company appears operationally efficient for its recorded 11–50-person scale, with a focused ammunition-manufacturing footprint and access to substantially greater group-level capital, expertise, and industrial capacity.
Evidence Signals
AMMUNITY named Gundars Labsvīrs as its new CEO, succeeding Beāte Krauze-Čebotare.
AMMUNITY announced that joining Scandinavian Astor Group would support production-capacity expansion, technology advancement, and broader contribution to European defense and security while continuing operations under its existing name.
Scandinavian Astor Group completed its acquisition of all AMMUNITY shares; ownership transferred on November 3, 2025 with financial effect from November 1, 2025. The purchase price was EUR 3 million.
Background · older than 12 months
The Latvian government authorized Scandinavian Astor Group's acquisition of AMMUNITY, clearing a national-interest approval step for the purchase of 100% of the company.
Scandinavian Astor Group signed an agreement to acquire 100% of AMMUNITY's shares, subject to required conditions and approvals. The announced purchase price was EUR 3 million.