World’s oldest gunmaker expands American foothold after boardroom tussle

Beretta Holding, the renowned Italian gunmaker with a long history, has made a significant move to strengthen its presence in the American market by acquiring a 25% stake in Sturm Ruger through a $107.5 million deal. This strategic investment follows a boardroom tussle and highlights Beretta's commitment to expanding its foothold in the competitive U.S. firearms industry. This partnership could lead to enhanced innovation and market reach for both companies, potentially reshaping the dynamics of the American gun market.