Diemaco Explained

Diemaco was a Canadian defence company based in Kitchener, Ontario, that manufactured the C7 family of rifles under a licence from Colt. The company was formed in 1974, effectively replacing the arms supply from government owned Canadian Arsenal Limited.

In 2000 it was acquired by Héroux-Devtek Inc.^{[1] [2]}

On May 20, 2005 it was acquired by Colt Defense for $18.2 million.^{[3] [4]}

Notes and References

1. Web site: Corporations Canada Online Filing Centre . Industry Canada . 7 April 2011.
2. Web site: Héroux-Devtek Completes the Sale of its Logistics & Defence Division, Diemaco . 20 May 2005 . Héroux-Devtek Inc. . PDF . 7 April 2011.
3. Web site: Corporations Canada Online Filing Centre . Industry Canada . 7 April 2011.
4. Web site: Héroux-Devtek Completes the Sale of its Logistics & Defence Division, Diemaco . 20 May 2005 . Héroux-Devtek Inc. . PDF . 7 April 2011.