Olin - Winchester to Acquire Ammunition Assets of AMMO, Inc.

CLAYTON, Mo., Jan. 21, 2025 /PRNewswire/ -- Olin Corporation (NYSE: OLN) ('Olin') today announced it has entered into a definitive agreement with AMMO, Inc. (NASDAQ: POWW) ('AMMO') whereby Olin will acquire AMMO's small caliber ammunition manufacturing assets for a purchase price of $75 million. The transaction will be funded through available liquidity. The assets will become part of Olin's Winchester Ammunition business.