Herstal Group

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Herstal Group S.A.
Native name
French: groupe Herstal S.A.
Government-owned corporation
IndustryFirearms
PredecessorFabrique Nationale
Browning International
Founded1889; 131 years ago (1889)
Headquarters,
Key people
Philippe Claessens (CEO)
Patrick Vogne (CFO)
ProductsFirearms, Ammunitions, Accessories, Optoelectronics, Clothing
BrandsFN Herstal
Browning
Winchester
Miroku
RevenueDecrease € 800.5 million (2017)[1]
Decrease € 25 million (2017)[1]
OwnerWalloon Region[2]
Number of employees
>2,500 (2015)
DivisionsDefense and Security Division
Hunting and Sports Shooting Division[3]
Websitewww.herstalgroup.be

Herstal Group is the parent company of small-arms brands manufacturing companies FN Herstal, U.S. Repeating Arms Company (Winchester) and Browning Arms Company. It is based in Liège, Belgium, with offices in nine other European countries, North America and Asia. It has a corporate partnership with Japanese company, Miroku Co.,Ltd..[4] Since 1997, Herstal Group has been 100% owned by the Walloon Region of Belgium, who purchased the remaining shares from GIAT.[2]

In 1957, NATO adopted Winchester's (which later became part of Herstal Group) 7.62×51mm ammunition design as standard. Later on in 1980, they adopted Remington's 5.56×45mm ammunition design.

References[edit]

  1. ^ a b "Herstal Group Plateaus in 2017 after five years continuous growth".
  2. ^ a b Herstal Group. "125 Years of History - Herstal Group". Retrieved November 28, 2015.
  3. ^ Herstal Group. "Activities - Herstal Group". Retrieved November 28, 2015.
  4. ^ Groupe Herstal S.A. - International Directory of Company Histories

External links[edit]