This is a discussion on H&K Heckler and Koch under new ownership within the News forums, part of the SIG Talk category; (machine translated from German): "The Federal Ministry for Economic Affairs and Energy has given the Compagnie de Développement de l’Eau (CDE) approval to acquire a ...
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|07-22-2020, 11:11 PM||#1|
Join Date: May 2018
Likes Received 8832
H&K Heckler and Koch under new ownership
(machine translated from German):
"The Federal Ministry for Economic Affairs and Energy has given the Compagnie de Développement de l’Eau (CDE) approval to acquire a majority stake in H&K AG. New majority shareholder supports economic recovery and thus guarantees long-term stability. CDE stands by locations and the “Green Country Strategy” and wants to expand Heckler & Koch’s technology leadership.
The Federal Ministry for Economic Affairs and Energy (BMWi) granted the shareholder Compagnie de Développement de l’Eau (CDE) SA, Luxembourg, approval to acquire a majority stake in H&K AG on July 15, 2020. The board of H&K AG was informed today that the CDE owns a majority stake in H&K AG.
The CEO of H&K AG, Dr. Jens Bodo Koch says: “We are very interested in clear and stable ownership. With a financially strong, long-term oriented majority owner like CDE, the economic stability of H&K is now sustainably guaranteed. The consolidation course we have taken since 2018 can now be continued consistently. ”
After years of losses, H&K again achieved a profit of EUR 1.6 million in the past year. With a view to the first half of 2020, the Management Board expects a further increase in sales and an improvement in earnings.
900 future-proof and innovative jobs
H&K expressly welcomes the fact that continuity, stability and expansion of the technology leadership of the Oberndorf company enjoy special priority for CDE and that the new majority shareholder supports investments in production and development capacities in Germany in this context. “With CDE’s commitment, a good 900 future-proof and innovative jobs have been secured in Oberndorf,” says CEO Jens Bodo Koch.
CDE has been a H&K shareholder for five years and expressly supports the company’s “Green Country Strategy”. After that, the company only supplies democratic countries, which belong in particular to NATO and / or the EU, and are treated as equal to NATO. It is one of H&K’s corporate principles that weapons belong in the right hands. For H&K, these are soldiers and police officers in democratic countries, who ensure the security and integrity of citizens. They deserve the best equipment for their indispensable and often challenging hard work.
Continuation of the growth and innovation course
With the new majority owner, H&K can continue the growth and innovation course embarked on by the board. The success of this course is already visible. In 2019, the operating profit before taxes (EBITDA) was 30.3 million euros (12.6% of sales), 63 percent higher than in 2018 (18.6 million euros or 8.4% of sales) ). After a successful first half of the year, H&K expects to see profitable growth in 2020 despite the corona pandemic due to its sustainable business policy.
H&K’s return to the profit zone can be attributed on the one hand to a cost reduction program and a significant increase in production efficiency, and on the other to an agreement with the workforce to contribute to the consolidation of the company through additional work while at the same time reducing wages.
The positive development made it possible for H&K to put together an investment package worth 25 million euros, which has been used to modernize production and improve the infrastructure since July 2019 until next year. The company is now operationally profitable enough to manage investments like this from its own cash flow.
The overall outlook for the next few years is also positive. H&K was able to record record orders for the second year in a row. In the current year, the company has started delivering 2,000 medium-range weapons to the Hessian police to protect citizens in the event of terror and amok cases. Also this year, the Bundeswehr special forces will launch the new G95K (HK 416 A7) assault rifle from H&K. This weapon replaces the G36K, which also comes from Oberndorf. H&K’s latest success is the start of delivery of just over 6,000 M110A1 (Squad Designated Marksman Rifle / Rifle Scope / SDMR) precision rifles to the US Army.
We want people to be able to live safely. Our products are designed to protect people in liberal, democratic countries from threats and violence. Heckler & Koch is the leading manufacturer of handguns for the NATO and EU countries and is proud that its assault rifles are standard equipment for many European armed and security forces."
|07-23-2020, 03:14 AM||#3|
Join Date: Dec 2013
Likes Received 6247
The few pistols I've looked at at shows in the past couple of years Do Not have the quality of the older models.
Back in August of 1984 I purchased a Police trade in HK 4 in 32, it came with the 22LR conversion kit. I kick Myself for not purchasing the other kits (25&380) atb the time.
It's been impossible to find those two kits anywhere. There is a Guy up in Maine that gets
some of them and I was on His list for a while But He's very odd in how he does things and No longer will answer My Messages for no explainable reason. He used to put You on a list and work down from that as He got the different kits in. It's been a couple of years since I heard anything from or back from Him. There was ac 22 LR kit listed on Ebay last year for
over $500.00. The 25 caliber Kits are the most desirable. Even GB does not have the HK4
stuff listed anymore. Back when the Pistol first came out You could get the whole set for around $500.00.
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|07-23-2020, 03:19 AM||#4|
Join Date: Sep 2016
Likes Received 502
Translation for HK handgun fanboys:
1) Better and smoother DA/SA triggers from the factory (except Match triggers)
2) Bring back all USP stainless (full and compacts)
3) No more safeties on DA/SA guns
4) Bring back the USP45 compact tactical
5) How about a VP45?
6) How about an HK45 with a P2000 style grip (the way Larry Vickers and Ken Hackathorn envisioned for the pistol)
7) Decocker button on the the back end of the slide for the P30-series pistol. Please relocate elsewhere
|07-23-2020, 04:26 AM||#5|
Join Date: May 2018
Likes Received 8832
Let's hope so!
What H&K needs to do to succeed is grow their brand by offering the American gun market what it really wants, and at competitive prices.
That means offering an American style mag release version of every model of pistol they make, and in the same pistol color options regardless of mag release style.
Time for HK to show big love for us in the American market.
|07-23-2020, 07:20 AM||#7|
Join Date: Oct 2013
Likes Received 5019
I don't think this will help the civilian market. HK USA as offered some of the support I've ever had from a company. My HK's aren't going anywhere any time soon, they are some of the most reliable products I've ever owned, but I might stock up on a few spare parts for them.
|07-23-2020, 03:34 PM||#9|
Join Date: Feb 2018
Location: Your Rope
Likes Received 19
They have already produced such a variant. It's the MP7-SF (SF = single fire) and is currently in use with the MoD Police in the UK. To the best of my knowledge, they are the only customers in the world who have demanded this variant - so good luck in trying to find one!
|07-23-2020, 03:46 PM||#10|
Join Date: Apr 2019
Likes Received 2921
Hopefully good things to come. I own three H&K firearms. A P30L, a VP9 and an MR556 rifle. I love the rifle, it's a fantastic shooting rifle. Both pistols are good, but honestly, not as good as a SIG to me. Don't get me wrong, the HK pistols I have shoot nice. They just don't feel as good in my hand, and they just don't seem to be made as well as the SIG's I have.
The MR556 I wouldn't give up for anything. Really well made.
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